Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Hyperliquid against Gate+0.100%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.100%, 7d avg +0.020%
=Together, before fees+0.008%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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: Hyperliquid is 0.080% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005527 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $395K | $277K | 75x |
| Short | Hyperliquid kLUNC | 0.00005532 | 0.0100 | get 0.0013% / 1h | 57m 47s | $287K | $125K | 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: +0.100% → +0.020%
- $7.98
- Slippage, 4 orders
- −$89.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$106.01
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; Hyperliquid: live order book, 12 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, 23 min ago | 1.80 bp | 36.0 bp −$36 | 195.6 bp −$1,956 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 2.26 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
LUNC on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNCshort | +0.0100% | 1h | 0.00005532 | +0.100% | $287K | $125K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005521 | −0.101% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005528 | +0.018% | $4.1M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005527 | 0.000% | $2.0M | $747K | 25x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005527 | long leg | $395K | $277K | 75x | |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005524 | −0.054% | $17.0M | $1.5M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005520 | −0.127% | $1.1M | $623K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005526 | −0.018% | — | $2.1M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005524 | −0.053% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005515 | −0.217% | $389K | $37K | 75x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1383% | 8h | 0.00005528 | +0.009% | $1.8M | $817K | 50x | as long as short |
Gate LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
MEXC LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTM