Settings8H · net · $10k
Funding arb · Price arb /

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Hyperliquid against Gate−0.024%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.513%−$51 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now −0.024%, 7d avg −0.005%
Together, before fees−0.712%+ Points / potential airdropHyperliquid: Season 2 · farm board−$71 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STABLE_USDT0.024750.0100pay 0.0050% / 4h58m 33s$174K$56K50x
ShortHyperliquid STABLE0.024740.0100get 0.0013% / 1h58m 33s$869K$187K3x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.024% → −0.005%
−$1.91
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
−$25.91
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 57 min ago; Hyperliquid: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 57 min ago4.02 bp99.6 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 41 min ago2.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STABLE+0.0096%1h0.02486+0.461%$114K$6K3xas long as short
Hyperliquid STABLEshort+0.0100%1h0.02474−0.024%$869K$187K3x
Aster STABLEUSDT+0.0100%4h0.02475+0.012%$19K$8K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02474−0.043%$2.6M$2.7M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02473−0.081%$1.5M$763K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02470−0.202%$197K$371K20xas long as short
Gate STABLE_USDTlong+0.0100%4h0.02475long leg$174K$56K50x
MEXC STABLE_USDT+0.0100%4h0.02472−0.121%$612K$155K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02480+0.202%$183K$28K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02473−0.081%$284K$90K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02472−0.121%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02482+0.283%$145K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02473−0.093%$1K$843K20xas long as short
Extended STABLE-USD+0.0104%1h0.02472−0.120%$14K$136K10xas long as short
BloFin STABLE-USDT+0.0110%4h0.02481+0.242%$119K$7K75xas long as short