Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.027%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$519as in the Funding arb table
Net, price: spread back to 7d avg − costs−$506as in the Price arb table
costs, in and out, $10k−$5045.038% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.027%, 7d avg −0.008%
=Together, before fees−0.190%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IO_USDT | 0.1505 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $235K | $539K | 50x |
| Short | Hyperliquid IO | 0.1504 | 0.0100 | get 0.0013% / 1h | 52m 49s | $1.0M | $385K | 3x |
Funding 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: −0.027% → −0.008%
- −$1.82
- Slippage, 4 orders
- −$479.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$505.59
- Costs to cover
- 5.038%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Hyperliquid: live order book, 7 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 | 5.27 bp | 206.0 bp −$206 | 16672.5 bp −$166.7K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.66 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IO-USDT | +0.0092% | 4h | 0.1504 | −0.033% | $193K | $33K | 50x | as long as short |
| Hyperliquid IOshort | +0.0100% | 1h | 0.1504 | −0.027% | $1.0M | $385K | 3x | |
| Aster IOUSDT | +0.0100% | 4h | 0.1502 | −0.163% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1507 | +0.166% | $3.0M | $6.7M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1506 | +0.086% | $1.1M | $914K | 25x | as long as short |
| Gate IO_USDTlong | +0.0100% | 4h | 0.1505 | long leg | $235K | $539K | 50x | |
| MEXC IO_USDT | +0.0100% | 4h | 0.1505 | +0.033% | $1.1M | $227K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1505 | +0.033% | $360K | $683K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1507 | +0.166% | $1.3M | $1.3M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1505 | +0.033% | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1495 | −0.647% | $30K | $11K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1506 | +0.075% | $2K | $131K | 5x | as long as short |
| Injective IO/USDC PERP | +0.1587% | 1h | 0.1509 | +0.299% | $2K | $199 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +2.1787% | 1h | 0.1503 | −0.097% | $39K | $18K | 10x | as long as short |
Gate IO_USDT
Hyperliquid IO
BloFin IO-USDT
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDT
Variational Omni IO
Extended IO-USD
Injective IO/USDC PERP
Kraken Futures PF_IOUSD