Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.041%
Price spread now: Hyperliquid against Gate−0.341%7-day average +0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$2942.937% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 7 days+0.540%+$54 · spread now −0.341%, 7d avg +0.177%
=Together, before fees+0.721%+ Points / potential airdropHyperliquid: Season 2 · farm board+$72 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 0.518% cheaper against Gate than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of +0.177%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX_USDT | 0.5012 | 0.0100 | pay 0.0050% / 4h | 58m 10s | $998K | $557K | 50x |
| Short | Hyperliquid SPX | 0.4995 | 0.0100 | get 0.0013% / 1h | 58m 10s | $10.1M | $7.4M | 5x |
Gate SPX_USDT
Hyperliquid SPXFunding 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: −0.341% → +0.177%
- −$51.78
- Slippage, 4 orders
- −$269.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$345.53
- Costs to cover
- 2.937%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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, 4 min ago | 7.01 bp | 108.1 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 3.49 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −0.658% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5006 | −0.122% | $134K | $357K | 5x | as long as short |
| Hyperliquid SPXshort | +0.0100% | 1h | 0.4995 | −0.341% | $10.1M | $7.4M | 5x | |
| Binance SPXUSDT | +0.0100% | 4h | 0.4996 | −0.326% | $5.0M | $21.3M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.4991 | −0.419% | $11.3M | $16.3M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.4977 | −0.698% | $934K | $2.8M | 20x | as long as short |
| Gate SPX_USDTlong | +0.0100% | 4h | 0.5012 | long leg | $998K | $557K | 50x | |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5005 | −0.140% | $11.9M | $4.8M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5021 | +0.180% | $3.7M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5005 | −0.140% | $2.6M | $1.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5003 | −0.180% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.4995 | −0.349% | $841K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5004 | −0.160% | $25K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.4996 | −0.319% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5000 | −0.232% | $33K | $248K | 10x | as long as short |
| Aster SPXUSDT | +0.0130% | 4h | 0.5022 | +0.194% | $134K | $122K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0152% | 4h | 0.5011 | −0.020% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5027 | +0.299% | $255K | $995K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1289% | 1h | 0.5008 | −0.075% | $249K | $544K | 20x | as long as short |
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD