Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.030%
Price spread now: Gate against Hyperliquid−0.135%7-day average −0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.135%, 7d avg −0.072%
=Together, before fees+0.011%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.063% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09241 | 0.0100 | pay 0.0013% / 1h | 32m 58s | $8.7M | $2.7M | 5x |
| Short | Gate HBAR_USDT | 0.09229 | 0.0044 | get 0.0044% / 8h | 4h 32m | $2.4M | $2.8M | 75x |
Funding 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
- −$11.76
- Price spread: −0.135% → −0.072%
- −$6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.04
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Gate: live order book, 5 min ago. Net counts fees only.
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, 9 min ago | 0.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.18 bp | 15.1 bp −$15 | 48.4 bp −$484 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09194 | −0.509% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09225 | −0.180% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0010% | 8h | 0.09222 | −0.211% | $7.2M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.438% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDTshort | +0.0044% | 8h | 0.09229 | −0.135% | $2.4M | $2.8M | 75x | |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09215 | −0.287% | $221K | $2.1M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0073% | 1h | 0.09234 | −0.081% | $38K | $201K | 15x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09224 | −0.189% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0090% | 8h | 0.09155 | −0.937% | $1.0M | $187K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09223 | −0.200% | $561K | $596K | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09241 | long leg | $8.7M | $2.7M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09228 | −0.149% | $211K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09231 | −0.114% | $33.9M | $105.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09235 | −0.070% | $32.6M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09235 | −0.070% | $6.6M | $24.6M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09228 | −0.146% | $25.8M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09237 | −0.049% | $17.0M | $15.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09231 | −0.114% | — | $6.3M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09167 | −0.811% | $370K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09168 | −0.795% | $146K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09226 | −0.168% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09228 | −0.146% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09221 | −0.222% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09224 | −0.192% | $52K | $278K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0183% | 1h | 0.09233 | −0.092% | $508K | $175K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09223 | −0.200% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09222 | −0.211% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0393% | 1h | 0.09233 | −0.094% | $1.4M | $2.6M | 50x | as long as short |
Hyperliquid HBAR
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Variational Omni HBAR
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD