Funding you earn now, next payment 04:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.019%
Price spread now: Gate against Hyperliquid−0.234%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.234%, 7d avg +0.057%
=Together, before fees+0.326%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.291% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of +0.057%). If the spread goes back, that is −$29 on $10k: about 5.5 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRB | 19.245 | 0.0100 | pay 0.0013% / 1h | 32m 29s | $481K | $259K | 3x |
| Short | Gate TRB_USDT | 19.200 | 0.0276 | get 0.0138% / 4h | 32m 29s | $574K | $1.9M | 50x |
Hyperliquid TRB
Gate TRB_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.96
- Price spread: −0.234% → +0.057%
- −$29.09
- Slippage, 4 orders
- −$49.97
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.11
- Costs to cover
- 0.740%
- Break-even
- 19.5 days
Slippage from Hyperliquid: live order book, 67 min ago; Gate: live order book, 5 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 Hyperliquid live order book, 67 min ago | 2.32 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.22 bp | 14.7 bp −$15 | 26.4 bp −$264 | doesn't fit | doesn't fit |
TRB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0074% | 4h | 19.173 | −0.374% | $367K | $171K | 50x | as long as short |
| Hyperliquid TRBlong | +0.0100% | 1h | 19.245 | long leg | $481K | $259K | 3x | |
| Aster TRBUSDT | +0.0100% | 4h | 19.212 | −0.173% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.238 | −0.035% | $5.2M | $10.9M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.255 | +0.052% | $6.3M | $2.1M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.250 | +0.026% | $4.5M | $5.1M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.236 | −0.047% | $15.4M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.188 | −0.296% | $1.2M | $309K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.228 | −0.088% | $1.3M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.226 | −0.099% | — | $16.2M | — | as long as short |
BloFin TRB-USDT
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0100% | 4h | 19.123 | −0.633% | $15K | $4K | — | as long as short |
| Gate TRB_USDTshort | +0.0276% | 4h | 19.200 | −0.234% | $574K | $1.9M | 50x | |
| Kraken Futures PF_TRBUSD | +0.1097% | 1h | 19.317 | +0.372% | $103K | $99K | 10x | as long as short |
Variational Omni TRB
Kraken Futures PF_TRBUSD