Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.346%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$636as in the Funding arb table
Net, price: spread back to 7d avg − costs−$664as in the Price arb table
costs, in and out, $10k−$6366.364% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.481%+$48 · spread now −0.346%, 7d avg −0.069%
=Together, before fees+0.481%+ Points / potential airdropHyperliquid: Season 2 · farm board+$48 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: Gate is 0.277% cheaper against Hyperliquid than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WCT | 0.04246 | 0.0100 | pay 0.0013% / 1h | 44m 56s | $194K | $264K | 3x |
| Short | Gate WCT_USDT | 0.04231 | 0.0100 | get 0.0100% / 8h | 7h 44m | $104K | $48K | 25x |
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 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: −0.346% → −0.069%
- −$27.69
- Slippage, 4 orders
- −$612.41
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$664.1
- Costs to cover
- 6.364%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Gate: live order book, 20 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, 5 min ago | 2.25 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 11.87 bp | 165.0 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
WCT 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0057% | 4h | 0.04237 | −0.205% | $97K | $4K | 50x | as long as short |
| Hyperliquid WCTlong | +0.0100% | 1h | 0.04246 | long leg | $194K | $264K | 3x | |
| Binance WCTUSDT | +0.0100% | 4h | 0.04245 | −0.025% | $1.9M | $2.4M | 25x | as long as short |
| Bybit WCTUSDT | +0.0100% | 4h | 0.04241 | −0.111% | $898K | $489K | 25x | as long as short |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04237 | −0.205% | $395K | $607K | 20x | as long as short |
| Gate WCT_USDTshort | +0.0100% | 8h | 0.04231 | −0.346% | $104K | $48K | 25x | |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04244 | −0.040% | $358K | $123K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04235 | −0.252% | $129K | $30K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04242 | −0.087% | $413K | $320K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04237 | −0.205% | — | $6.5M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WCT | +0.0100% | 4h | 0.04228 | −0.409% | $7K | $2K | — | as long as short |
Hyperliquid WCT
Gate WCT_USDT
BloFin WCT-USDT
Binance WCTUSDT
Bybit WCTUSDT
OKX WCT-USDT-SWAP
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDT
Variational Omni WCT