Funding you earn now, next payment 02:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.031%
Price spread now: Hyperliquid against Gate+0.248%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.248%, 7d avg +0.143%
=Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.105% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STX_USDT | 0.3346 | 0.0100 | pay 0.0100% / 8h | 6h 52m | $586K | $339K | 50x |
| Short | Hyperliquid STX | 0.3354 | 0.0253 | get 0.0032% / 1h | 52m 18s | $1.5M | $782K | 5x |
Gate STX_USDT
Hyperliquid STXFunding 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
- $32.22
- Price spread: +0.248% → +0.143%
- $10.51
- Slippage, 4 orders
- −$126.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$107.84
- Costs to cover
- 1.506%
- Break-even
- 30.4 days
Slippage from Gate: live order book, 14 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, 14 min ago | 2.94 bp | 62.8 bp −$63 | 309.4 bp −$3,094 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.96 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.1126% | 1h | 0.3350 | +0.133% | $70K | $126K | 20x | as long as short |
| ApeX Omni STXUSDT | −0.0665% | 1h | 0.3365 | +0.568% | $49K | $685K | 50x | as long as short |
| Variational Omni STX | −0.0372% | 8h | 0.3343 | −0.075% | $771K | $289K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3346 | 0.000% | — | — | 150x | as long as short |
| Bitget STXUSDT | +0.0028% | 8h | 0.3346 | 0.000% | $4.6M | $2.0M | 50x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.497% | $4K | $264K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3348 | +0.058% | $125K | $58K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3350 | +0.131% | $7.7M | $18.7M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3346 | −0.006% | $8.5M | $6.9M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3345 | −0.030% | $2.3M | $5.6M | 20x | as long as short |
Kraken Futures PF_STXUSD
ApeX Omni STXUSDT
Variational Omni STX
gTrade (Gains Network) STX/USD
Bitget STXUSDT
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDTlong | +0.0100% | 8h | 0.3346 | long leg | $586K | $339K | 50x | |
| MEXC STX_USDT | +0.0100% | 8h | 0.3351 | +0.149% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3349 | +0.090% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3347 | +0.030% | — | $13.6M | — | as long as short |
| BloFin STX-USDT | +0.0101% | 8h | 0.3353 | +0.209% | $417K | $217K | 20x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3350 | +0.110% | $176K | $612K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3346 | −0.014% | $4K | — | 100x | as long as short |
| Hyperliquid STXshort | +0.0253% | 1h | 0.3354 | +0.248% | $1.5M | $782K | 5x |
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
BloFin STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]