Funding you earn now, next payment 22:00 UTC+0.1144%/8h= +125.3% APRpaid last 24h +0.158%
Price spread now: Hyperliquid against Gate+0.261%7-day average +0.266% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days+0.305%+$31 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.261%, 7d avg +0.266%
=Together, before fees+0.249%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.266%, so right now this pair is about funding alone: +$34 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.305% in total (about 15.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFX_USDT | 0.05334 | −0.0036 | get 0.0036% / 8h | 2h 44m | $1.1M | $3.0M | 50x |
| Short | Hyperliquid CFX | 0.05348 | 0.1108 | get 0.0139% / 1h | 44m 51s | $3.3M | $355K | 5x |
Gate CFX_USDT
Hyperliquid CFXFunding 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
- $240.3
- Price spread: +0.261% → +0.266%
- −$0.5
- Slippage, 4 orders
- −$38.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $177.13
- Costs to cover
- 0.627%
- Break-even
- 1.8 days
Slippage from Gate: live order book, 3 min ago; Hyperliquid: live order book, 6 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, 3 min ago | 3.74 bp | 13.5 bp −$13 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.45 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDTlong | −0.0036% | 8h | 0.05334 | long leg | $1.1M | $3.0M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05337 | +0.056% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05335 | +0.025% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05339 | +0.094% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05330 | −0.075% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05336 | +0.037% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05333 | −0.019% | $883K | $299K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05339 | +0.094% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05335 | +0.019% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05346 | +0.225% | $37K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05346 | +0.225% | $509K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05336 | +0.031% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05359 | +0.469% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFXshort | +0.1108% | 1h | 0.05348 | +0.261% | $3.3M | $355K | 5x | |
| Kraken Futures PF_CFXUSD | +0.1699% | 1h | 0.05346 | +0.233% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1810% | 1h | 0.05351 | +0.319% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL