Settings8H · net · $10k
Funding arb · Price arb /

GAS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: Hyperliquid against Gate−0.064%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.064%, 7d avg +0.006%
Together, before fees−0.002%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GAS_USDT1.41300.0100pay 0.0050% / 4h36m 59s$110K$80K25x
ShortHyperliquid GAS1.41210.0100get 0.0013% / 1h36m 59s$109K$65K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.064% → +0.006%
−$6.97
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$30.97
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 55 min ago; Hyperliquid: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 55 min ago7.08 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 22 min ago1.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GAS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid GASshort+0.0100%1h1.4121−0.064%$109K$65K3x
Binance GASUSDT+0.0100%4h1.4120−0.071%$1.5M$1.8M50xas long as short
Bybit GASUSDT+0.0100%4h1.4119−0.078%$833K$314K25xas long as short
OKX GAS-USDT-SWAP+0.0100%4h1.4106−0.170%$391K$287K20xas long as short
Gate GAS_USDTlong+0.0100%4h1.4130long leg$110K$80K25x
MEXC GAS_USDT+0.0100%4h1.4120−0.071%$933K$129K50xas long as short
KuCoin GASUSDTM+0.0100%4h1.4120−0.071%$184K$15K30xas long as short
Bitget GASUSDT+0.0100%4h1.41300.000%$398K$326K50xas long as short
BingX GAS-USDT+0.0100%4h1.4120−0.071%$2.3Mas long as short
Variational Omni GAS+0.0100%4h1.4164+0.239%$5K$2as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GAS-USDT+0.0137%4h1.4120−0.071%$78K$23K75xas long as short