Funding you earn now, next payment 00:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.075%
Price spread now: Hyperliquid against Gate+0.052%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1761.761% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.052%, 7d avg +0.049%
=Together, before fees+0.176%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate REZ_USDT | 0.003844 | 0.0100 | pay 0.0050% / 4h | 16m 17s | $397K | $126K | 10x |
| Short | Hyperliquid REZ | 0.003846 | 0.0554 | get 0.0069% / 1h | 16m 17s | $1.6M | $498K | 3x |
Gate REZ_USDT
Hyperliquid REZFunding 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
- $95.38
- Price spread: +0.052% → +0.049%
- $0.25
- Slippage, 4 orders
- −$152.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$80.51
- Costs to cover
- 1.761%
- Break-even
- 12.9 days
Slippage from Gate: live order book, 59 min ago; Hyperliquid: live order book, 4 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, 59 min ago | 6.54 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.60 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
REZ 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 REZUSDT | +0.0100% | 4h | 0.003835 | −0.238% | $18K | $36K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003838 | −0.156% | $4.9M | $8.8M | 50x | as long as short |
| Bybit REZUSDT | +0.0100% | 4h | 0.003844 | 0.000% | $1.4M | $1.1M | 25x | as long as short |
| Gate REZ_USDTlong | +0.0100% | 4h | 0.003844 | long leg | $397K | $126K | 10x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003837 | −0.182% | $1.3M | $415K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003837 | −0.182% | $451K | $93K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003837 | −0.182% | $600K | $1.2M | 50x | as long as short |
| BingX REZ-USDT | +0.0100% | 4h | 0.003839 | −0.130% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003843 | −0.028% | $78K | $40K | — | as long as short |
| BloFin REZ-USDT | +0.0157% | 4h | 0.003836 | −0.208% | $325K | $50K | 50x | as long as short |
Aster REZUSDT
Binance REZUSDT
Bybit REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZ
BloFin REZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0217% | 1h | 0.003839 | −0.131% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZshort | +0.0554% | 1h | 0.003846 | +0.052% | $1.6M | $498K | 3x |
Kraken Futures PF_REZUSD