Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against Gate+0.076%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.076%, 7d avg +0.031%
=Together, before fees+0.035%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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 0.045% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETC_USDT | 8.7810 | 0.0100 | pay 0.0100% / 8h | 2h 44m | $3.5M | $2.4M | 60x |
| Short | Hyperliquid ETC | 8.7877 | 0.0100 | get 0.0013% / 1h | 44m 20s | $2.2M | $423K | 5x |
Gate ETC_USDT
Hyperliquid ETCFunding 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: +0.076% → +0.031%
- $4.53
- Slippage, 4 orders
- −$47.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$67.1
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 7 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, 4 min ago | 3.98 bp | 21.5 bp −$21 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.54 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ETC on 22 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 ETC/USDC PERP | −0.0037% | 1h | 8.7920 | +0.125% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7826 | +0.018% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7813 | +0.003% | $497 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7830 | +0.023% | — | — | 150x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.7877 | +0.076% | $2.2M | $423K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.7793 | −0.020% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7810 | 0.000% | $26.3M | $70.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7690 | −0.137% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7770 | −0.046% | $8.6M | $16.2M | 50x | as long as short |
| Gate ETC_USDTlong | +0.0100% | 8h | 8.7810 | long leg | $3.5M | $2.4M | 60x |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7790 | −0.023% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7810 | 0.000% | $2.8M | $702K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7775 | −0.040% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7780 | −0.034% | — | $711K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7865 | +0.063% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7790 | −0.023% | $153 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7766 | −0.050% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7780 | −0.034% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7790 | −0.023% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0181% | 1h | 8.7798 | −0.013% | $1.9M | $669K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7890 | +0.091% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.444% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX