Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.071%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3713.714% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.071%, 7d avg −0.006%
=Together, before fees+0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.077% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01409 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $951K | $112K | 50x |
| Short | Hyperliquid USUAL | 0.01410 | 0.0100 | get 0.0013% / 1h | 6m 41s | $407K | $183K | 3x |
Gate USUAL_USDT
Hyperliquid USUALFunding 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
- $0
- Price spread: +0.071% → −0.006%
- $7.72
- Slippage, 4 orders
- −$347.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$363.64
- Costs to cover
- 3.714%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; Hyperliquid: live order book, 13 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, 50 min ago | 7.14 bp | 166.2 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 3.51 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4543% | 1h | 0.01401 | −0.568% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0631% | 1h | 0.01409 | −0.014% | $111K | $21K | 10x | as long as short |
| Hyperliquid USUALshort | +0.0100% | 1h | 0.01410 | +0.071% | $407K | $183K | 3x | |
| Binance USUALUSDT | +0.0100% | 4h | 0.01408 | −0.077% | $2.3M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01412 | +0.185% | $1.1M | $821K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01409 | long leg | $951K | $112K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01408 | −0.071% | $6.2M | $239K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01409 | 0.000% | $262K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01409 | 0.000% | $837K | $393K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01411 | +0.121% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01417 | +0.553% | $11K | $1K | — | as long as short |
Variational Omni USUAL