Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.091%
Price spread now: Hyperliquid against Gate+0.063%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.063%, 7d avg +0.102%
=Together, before fees+0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.039% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02527 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $945K | $915K | 50x |
| Short | Hyperliquid MON | 0.02529 | 0.0100 | get 0.0013% / 1h | 47m 19s | $34.3M | $7.4M | 5x |
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: +0.063% → +0.102%
- −$3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$27.9
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 15 min ago; Hyperliquid: live order book, 6 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 Gate live order book, 15 min ago | 3.94 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.20 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02538 | +0.427% | $13K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02531 | +0.158% | $5K | $106 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0182% | 1h | 0.02530 | +0.131% | $115K | $151K | 10x | as long as short |
| Bybit MONUSDT | −0.0089% | 8h | 0.02522 | −0.186% | $20.7M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0072% | 1h | 0.02522 | −0.190% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02526 | −0.051% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0076% | 4h | 0.02526 | −0.040% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02526 | −0.040% | $842K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.075% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02529 | +0.092% | $406K | $539K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MONshort | +0.0100% | 1h | 0.02529 | +0.063% | $34.3M | $7.4M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | +0.071% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02531 | +0.141% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02528 | +0.032% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02526 | −0.040% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02523 | −0.158% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | +0.119% | $105K | $4K | 10x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02527 | long leg | $945K | $915K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02531 | +0.158% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02527 | 0.000% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02536 | +0.337% | $753K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02526 | −0.059% | $43K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02538 | +0.448% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02529 | +0.079% | $68K | $498K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02524 | −0.119% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02528 | +0.054% | $48K | $518K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02526 | −0.032% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02527 | −0.008% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0298% | 1h | 0.02531 | +0.176% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02530 | +0.119% | — | $307K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02527 | −0.012% | $105K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0492% | 1h | 0.02528 | +0.022% | $266K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02540 | +0.499% | $111K | $52K | 50x | as long as short |
Gate MON_USDT
Hyperliquid MON
Phoenix MON
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX