Funding you earn now, next payment 23:00 UTC+0.0342%/8h= +37.5% APRpaid last 24h −0.004%
Price spread now: Hyperliquid against Gate+0.046%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.046%, 7d avg +0.009%
=Together, before fees+0.325%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006507 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $497K | $233K | 20x |
| Short | Hyperliquid HEMI | 0.006510 | 0.0442 | get 0.0055% / 1h | 2m 40s | $1.0M | $294K | 3x |
Gate HEMI_USDT
Hyperliquid HEMIFunding 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
- $71.9
- Price spread: +0.046% → +0.009%
- $3.74
- Slippage, 4 orders
- −$97.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$46.27
- Costs to cover
- 1.219%
- Break-even
- 11.5 days
Slippage from Gate: live order book, 13 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, 13 min ago | 4.64 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.54 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
HEMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006492 | −0.233% | $75K | $32K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006502 | −0.076% | $6.4M | $10.3M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006501 | −0.092% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006507 | long leg | $497K | $233K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006502 | −0.077% | $1.7M | $287K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006505 | −0.031% | $831K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006505 | −0.031% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006476 | −0.482% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006647 | +2.152% | $1K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006500 | −0.113% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0142% | 4h | 0.006496 | −0.169% | $349K | $66K | 20x | as long as short |
| Hyperliquid HEMIshort | +0.0442% | 1h | 0.006510 | +0.046% | $1.0M | $294K | 3x |
BloFin HEMI-USDT