Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.064% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FIL/USD | 0.9888 | L −0.0004% / S +0.0006% | get 0.0000% / 1h | 31m 25s | $25K | — | 150x |
| Short | Hyperliquid FIL | 0.9894 | 0.0100 | get 0.0013% / 1h | 31m 25s | $8.3M | $9.4M | 5x |
gTrade (Gains Network) FIL/USD
Hyperliquid FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $21.79
- Price spread: +0.064% → 0.000%
- $6.35
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $9.14
- Costs to cover
- 0.190%
- Break-even
- 4.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 1.51 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9895 | +0.076% | $352K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USDlong | L −0.0004% / S +0.0006% | 1h | 0.9888 | long leg | $25K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9888 | 0.000% | $57K | $596 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9892 | +0.045% | $170K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.329% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0071% | 8h | 0.9886 | −0.015% | $15.3M | $20.3M | 25x | as long as short |
| KuCoin FILUSDTM | +0.0087% | 8h | 0.9888 | +0.005% | $7.0M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9886 | −0.012% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9891 | +0.038% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9894 | +0.064% | $8.3M | $9.4M | 5x |
Coinbase International FIL-PERP-INTX
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Bybit FILUSDT
KuCoin FILUSDTM
Lighter FIL
Kraken Futures PF_FILUSDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9891 | +0.033% | $504K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9886 | −0.015% | $56.2M | $183.0M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9885 | −0.025% | $17.7M | $105.6M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9886 | −0.015% | $8.4M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9885 | −0.025% | $229K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9888 | +0.005% | $11.2M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9887 | −0.005% | — | $11.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9901 | +0.135% | $441K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9876 | −0.113% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9904 | +0.166% | $297K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9880 | −0.076% | $23K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9898 | +0.102% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | +0.025% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9888 | +0.005% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9886 | −0.015% | $620K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9880 | −0.076% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9884 | −0.034% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9875 | −0.127% | $2.6M | $646K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9878 | −0.096% | $264K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]