Funding you earn now, next payment 23:00 UTC−0.0182%/8h= −19.9% APRpaid last 24h −0.102%
Price spread now: Hyperliquid against Gate−0.536%7-day average −0.384% · you buy dearer than you sell
Net, funding: paid 7d − costs−$913as in the Funding arb table
Net, price: spread back to 7d avg − costs−$898as in the Price arb table
costs, in and out, $10k−$8838.831% of the position
Funding, last 7 days−0.302%−$30 on $10k
+Price spread, last 7 days+0.177%+$18 · spread now −0.536%, 7d avg −0.384%
=Together, before fees−0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hyperliquid is 0.152% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.384%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02651 | 0.0282 | pay 0.0141% / 4h | 1h 03m | $1.2M | $118K | 50x |
| Short | Hyperliquid STBL | 0.02637 | 0.0100 | get 0.0013% / 1h | 3m 16s | $1.9M | $280K | 3x |
Gate STBL_USDT
Hyperliquid STBLFunding 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
- −$38.22
- Price spread: −0.536% → −0.384%
- −$15.21
- Slippage, 4 orders
- −$859.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$936.53
- Costs to cover
- 8.831%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 8 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 | 13.19 bp | 270.8 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.89 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
STBL 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02633 | −0.679% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBLshort | +0.0100% | 1h | 0.02637 | −0.536% | $1.9M | $280K | 3x | |
| Binance STBLUSDT | +0.0100% | 4h | 0.02642 | −0.356% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02641 | −0.377% | $369K | $151K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02640 | −0.415% | $1.1M | $231K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02643 | −0.315% | $966 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02636 | −0.566% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0114% | 4h | 0.02643 | −0.302% | $1.5M | $689K | 20x | as long as short |
| BloFin STBL-USDT | +0.0159% | 4h | 0.02648 | −0.113% | $126K | $22K | 50x | as long as short |
| BingX STBL-USDT | +0.0176% | 4h | 0.02642 | −0.339% | — | $6.6M | — | as long as short |
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BloFin STBL-USDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDTlong | +0.0282% | 4h | 0.02651 | long leg | $1.2M | $118K | 50x | |
| Aster STBLUSDT | +0.0282% | 4h | 0.02640 | −0.415% | $88K | $6K | 5x | as long as short |
Aster STBLUSDT