Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.012%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.012%, 7d avg 0.000%
=Together, before fees+0.003%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008492 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $2.9M | $5.2M | 50x |
| Short | Hyperliquid GMT | 0.008493 | 0.0100 | get 0.0013% / 1h | 8m 48s | $112K | $149K | 3x |
Binance GMTUSDT
Hyperliquid GMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $0
- Price spread: +0.012% → 0.000%
- $1.16
- Slippage, 4 orders
- −$84.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$102.22
- Costs to cover
- 1.034%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Hyperliquid: live order book, just now.
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 Binance live order book, 14 min ago | 2.35 bp | 22.3 bp −$22 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, just now | 1.18 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1580% | 1h | 0.008501 | +0.101% | $43K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0483% | 8h | 0.008491 | −0.012% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0453% | 4h | 0.008486 | −0.071% | $395K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0362% | 4h | 0.008480 | −0.141% | $274K | $177K | 50x | as long as short |
| Variational Omni GMT | −0.0300% | 8h | 0.008497 | +0.058% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0046% | 4h | 0.008497 | +0.055% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0004% | 4h | 0.008500 | +0.094% | $675K | $613K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008491 | −0.012% | — | $1.3M | — | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008493 | +0.012% | $112K | $149K | 3x | |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008492 | long leg | $2.9M | $5.2M | 50x |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008500 | +0.094% | $145K | $178K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008484 | −0.094% | $430K | $210K | 20x | as long as short |
Gate GMT_USDT
MEXC GMT_USDT