Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.095%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3333.330% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.095%, 7d avg +0.083%
=Together, before fees+0.263%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 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: Gate is 0.179% cheaper against Hyperliquid than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04826 | 0.0100 | pay 0.0013% / 1h | 15m 14s | $833K | $239K | 3x |
| Short | Gate IOTA_USDT | 0.04821 | 0.0100 | get 0.0100% / 8h | 1h 15m | $886K | $175K | 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
- $0
- Price spread: −0.095% → +0.083%
- −$17.86
- Slippage, 4 orders
- −$308.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$350.81
- Costs to cover
- 3.330%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 65 min ago; Gate: live order book, 1 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 Hyperliquid live order book, 65 min ago | 1.04 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.33 bp | 79.7 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
IOTA 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_IOTAUSD | −0.0797% | 1h | 0.04824 | −0.043% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0077% | 8h | 0.04818 | −0.157% | $169K | $36K | 75x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04826 | long leg | $833K | $239K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04823 | −0.063% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04823 | −0.054% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04823 | −0.054% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04821 | −0.095% | $886K | $175K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04821 | −0.095% | $601K | $189K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04827 | +0.029% | $1.8M | $666K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04823 | −0.054% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04820 | −0.108% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0676% | 8h | 0.04834 | +0.174% | $2.7M | $231K | 30x | as long as short |
Hyperliquid IOTA
Gate IOTA_USDT
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM