Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against Gate+0.164%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.164%, 7d avg +0.093%
=Together, before fees+0.108%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 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 0.071% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04683 | 0.0100 | pay 0.0050% / 4h | 31m 28s | $693K | $912K | 50x |
| Short | Hyperliquid CHIP | 0.04691 | 0.0100 | get 0.0013% / 1h | 31m 28s | $14.8M | $6.8M | 3x |
Funding 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: +0.164% → +0.093%
- $7.13
- Slippage, 4 orders
- −$87.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$104.07
- Costs to cover
- 1.112%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; Hyperliquid: live order book, 11 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, 45 min ago | 7.59 bp | 38.2 bp −$38 | 236.2 bp −$2,362 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.64 bp | 17.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1299% | 1h | 0.04678 | −0.107% | $14K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04696 | +0.278% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0137% | 1h | 0.04691 | +0.171% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0063% | 4h | 0.04674 | −0.192% | $1.9M | $9.3M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0046% | 1h | 0.04699 | +0.335% | $87 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0006% | 4h | 0.04684 | +0.021% | $547K | $67K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04685 | +0.036% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0030% | 4h | 0.04678 | −0.107% | $10.9M | $8.9M | 20x | as long as short |
| MEXC CHIP_USDT | +0.0036% | 4h | 0.04677 | −0.128% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0040% | 1h | 0.04676 | −0.156% | $214K | $1.3M | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0042% | 4h | 0.04676 | −0.139% | $14.1M | $26.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04679 | −0.085% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04691 | +0.164% | $14.8M | $6.8M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04682 | −0.014% | $51K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04680 | −0.064% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04683 | long leg | $693K | $912K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04681 | −0.043% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04678 | −0.107% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04676 | −0.149% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | +0.458% | $885K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04676 | −0.149% | $818 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0302% | 1h | 0.04677 | −0.117% | $234K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +1.189% | $46K | $41K | 50x | as long as short |
Gate CHIP_USDT
Hyperliquid CHIP
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX