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

GAS

all GAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.058%7-day average +0.060% · you sell dearer than you buy
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+0.080%+$8 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.058%, 7d avg +0.060%
Together, before fees+0.048%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GAS1.38980.0100pay 0.0013% / 1h8m 54s$103K$58K3x
ShortBybit GASUSDT1.39060.0100get 0.0050% / 4h1h 08m$836K$290K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hyperliquid. 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: +0.058% → +0.060%
−$0.29
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.29
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 50 min ago; Bybit: live order book, 31 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 Hyperliquid live order book, 50 min ago1.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 31 min ago2.89 bp31.2 bp −$31425.9 bp −$4,259doesn'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
BingX GAS-USDT+0.0070%4h1.3880−0.130%$2.3Mas long as short
BloFin GAS-USDT+0.0090%4h1.3910+0.086%$75K$24K75xas long as short
Hyperliquid GASlong+0.0100%1h1.3898long leg$103K$58K3x
Binance GASUSDT+0.0100%4h1.3900+0.014%$1.5M$1.7M50xas long as short
Bybit GASUSDTshort+0.0100%4h1.3906+0.058%$836K$290K25x
OKX GAS-USDT-SWAP+0.0100%4h1.3884−0.101%$371K$257K20xas long as short
MEXC GAS_USDT+0.0100%4h1.3890−0.058%$864K$135K50xas long as short
KuCoin GASUSDTM+0.0100%4h1.3886−0.086%$181K$14K30xas long as short
Bitget GASUSDT+0.0100%4h1.3880−0.130%$370K$292K50xas long as short
Variational Omni GAS+0.0100%4h1.3899+0.010%$5K$2as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GAS_USDT+0.0928%4h1.3840−0.417%$105K$82K25xas long as short