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

STABLE

all STABLE markets
SwapBacktest
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: Gate against Hyperliquid+0.024%7-day average +0.005% · you sell dearer than you buy
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
LongHyperliquid STABLE0.024740.0100pay 0.0013% / 1h58m 34s$869K$187K3x
ShortGate STABLE_USDT0.024750.0100get 0.0050% / 4h58m 34s$174K$56K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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 Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$22.09
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 41 min ago; Gate: live order book, 57 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 Hyperliquid live order book, 41 min ago2.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 57 min ago4.02 bp161.4 bp −$161doesn'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+0.485%$114K$6K3xas long as short
Hyperliquid STABLElong+0.0100%1h0.02474long leg$869K$187K3x
Aster STABLEUSDT+0.0100%4h0.02475+0.036%$19K$8K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02474−0.018%$2.6M$2.7M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02473−0.057%$1.5M$763K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02470−0.178%$197K$371K20xas long as short
Gate STABLE_USDTshort+0.0100%4h0.02475+0.024%$174K$56K50x
MEXC STABLE_USDT+0.0100%4h0.02472−0.097%$612K$155K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02480+0.226%$183K$28K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02473−0.057%$284K$90K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02472−0.097%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02482+0.308%$145K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02473−0.069%$1K$843K20xas long as short
Extended STABLE-USD+0.0104%1h0.02472−0.096%$14K$136K10xas long as short
BloFin STABLE-USDT+0.0110%4h0.02481+0.267%$119K$7K75xas long as short