Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.032%
Price spread now: Gate against Hyperliquid−0.283%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.283%, 7d avg −0.008%
=Together, before fees+0.333%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.274% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of −0.008%). If the spread goes back, that is −$27 on $10k: about 57 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.133% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GAS | 1.4140 | 0.0100 | pay 0.0013% / 1h | 18m 47s | $107K | $58K | 3x |
| Short | Gate GAS_USDT | 1.4100 | 0.0116 | get 0.0058% / 4h | 1h 18m | $110K | $71K | 25x |
Hyperliquid GAS
Gate GAS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.36
- Price spread: −0.283% → −0.008%
- −$27.44
- Slippage, 4 orders
- −$129.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$177.88
- Costs to cover
- 1.538%
- Break-even
- 377.6 days
Slippage from Hyperliquid: live order book, 10 min ago; Gate: live order book, 58 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 1.06 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 3.55 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
GAS on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GAS-USDT | +0.0098% | 4h | 1.4120 | −0.141% | $76K | $24K | 75x | as long as short |
| Hyperliquid GASlong | +0.0100% | 1h | 1.4140 | long leg | $107K | $58K | 3x | |
| Binance GASUSDT | +0.0100% | 4h | 1.4121 | −0.133% | $1.5M | $1.7M | 50x | as long as short |
| Bybit GASUSDT | +0.0100% | 4h | 1.4135 | −0.035% | $848K | $300K | 25x | as long as short |
| OKX GAS-USDT-SWAP | +0.0100% | 4h | 1.4114 | −0.184% | $380K | $259K | 20x | as long as short |
| MEXC GAS_USDT | +0.0100% | 4h | 1.4110 | −0.212% | $879K | $135K | 50x | as long as short |
| KuCoin GASUSDTM | +0.0100% | 4h | 1.4130 | −0.071% | $184K | $15K | 30x | as long as short |
| Bitget GASUSDT | +0.0100% | 4h | 1.4120 | −0.141% | $397K | $279K | 50x | as long as short |
| BingX GAS-USDT | +0.0100% | 4h | 1.4130 | −0.071% | — | $2.3M | — | as long as short |
| Variational Omni GAS | +0.0100% | 4h | 1.4155 | +0.109% | $5K | $2 | — | as long as short |
BloFin GAS-USDT
Binance GASUSDT
Bybit GASUSDT
OKX GAS-USDT-SWAP
MEXC GAS_USDT
KuCoin GASUSDTM
Bitget GASUSDT
BingX GAS-USDT
Variational Omni GASShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GAS_USDTshort | +0.0116% | 4h | 1.4100 | −0.283% | $110K | $71K | 25x |