Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.245%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.245%, 7d avg −0.010%
=Together, before fees+0.543%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 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 0.235% cheaper against Gate than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008580 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $151K | $181K | 50x |
| Short | Hyperliquid GMT | 0.008559 | 0.0100 | get 0.0013% / 1h | 6m 28s | $114K | $150K | 3x |
Gate GMT_USDT
Hyperliquid GMTFunding 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 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: −0.245% → −0.010%
- −$23.52
- Slippage, 4 orders
- −$120.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$168.3
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; Hyperliquid: live order book, 13 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 Gate live order book, 44 min ago | 11.67 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 1.74 bp | 28.7 bp −$29 | 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 | −0.1477% | 1h | 0.008551 | −0.337% | $44K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0584% | 4h | 0.008560 | −0.233% | $277K | $189K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0498% | 4h | 0.008556 | −0.280% | $397K | $1.2M | 20x | as long as short |
| Bybit GMTUSDT | −0.0497% | 8h | 0.008548 | −0.373% | $1.1M | $2.0M | 50x | as long as short |
| Variational Omni GMT | −0.0180% | 8h | 0.008571 | −0.106% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0128% | 4h | 0.008574 | −0.073% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0040% | 4h | 0.008572 | −0.093% | $676K | $657K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008551 | −0.338% | — | $1.3M | — | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008559 | −0.245% | $114K | $150K | 3x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008558 | −0.259% | $2.9M | $5.3M | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Bybit GMTUSDT
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008580 | long leg | $151K | $181K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008559 | −0.245% | $437K | $211K | 20x | as long as short |
MEXC GMT_USDT