Funding you earn now, next payment 03:00 UTC+0.0496%/8h= +54.3% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Gate−0.063%7-day average +0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$6806.802% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.063%, 7d avg +0.186%
=Together, before fees+0.037%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.249% cheaper against Gate than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.186%). If the spread goes back, that is −$25 on $10k: about 40 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRIFFAIN_USDT | 0.01575 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $434K | $86K | 10x |
| Short | Hyperliquid GRIFFAIN | 0.01574 | 0.0596 | get 0.0075% / 1h | 22m 42s | $1.2M | $100K | 3x |
Gate GRIFFAIN_USDT
Hyperliquid GRIFFAINFunding 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
- $104.23
- Price spread: −0.063% → +0.186%
- −$24.93
- Slippage, 4 orders
- −$656.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$600.95
- Costs to cover
- 6.802%
- Break-even
- 47.4 days
Slippage from Gate: live order book, 38 min ago; Hyperliquid: live order book, 8 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, 38 min ago | 17.66 bp | 374.8 bp −$375 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 8.57 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
GRIFFAIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRIFFAINRUSDPERP | 0.0000% | 1h | 0.01177 | −25.278% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01575 | −0.032% | $780K | $440K | 25x | as long as short |
| Gate GRIFFAIN_USDTlong | +0.0100% | 4h | 0.01575 | long leg | $434K | $86K | 10x | |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01569 | −0.400% | $495K | $49K | 20x | as long as short |
| Hyperliquid GRIFFAINshort | +0.0596% | 1h | 0.01574 | −0.063% | $1.2M | $100K | 3x | |
| Bitget GRIFFAINUSDT | +0.0648% | 4h | 0.01573 | −0.146% | $380K | $286K | 10x | as long as short |
| BingX GRIFFAIN-USDT | +0.1004% | 4h | 0.01575 | −0.019% | — | $6.5M | — | as long as short |
| Binance GRIFFAINUSDT | +0.1039% | 4h | 0.01573 | −0.161% | $4.2M | $1.8M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.1048% | 4h | 0.01572 | −0.209% | $304K | $115K | 100x | as long as short |
| BloFin GRIFFAIN-USDT | +0.1100% | 4h | 0.01574 | −0.095% | $274K | $12K | 20x | as long as short |
Reya GRIFFAINRUSDPERP
Bybit GRIFFAINUSDT
KuCoin GRIFFAINUSDTM
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDT
Binance GRIFFAINUSDT
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1206% | 4h | 0.01572 | −0.179% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +3.9325% | 1h | 0.01580 | +0.285% | $18K | $23K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD