Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Hyperliquid against Gate+0.015%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now +0.015%, 7d avg +0.098%
=Together, before fees+0.345%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 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 0.083% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 1.0015 | 0.0100 | pay 0.0100% / 8h | 5h 38m | $8.5M | $16.4M | 50x |
| Short | Hyperliquid FIL | 1.0016 | 0.0100 | get 0.0013% / 1h | 38m 21s | $8.6M | $9.4M | 5x |
Gate FIL_USDT
Hyperliquid FILFunding 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: +0.015% → +0.098%
- −$8.27
- Slippage, 4 orders
- −$34.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$66.91
- Costs to cover
- 0.586%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Hyperliquid: live order book, 4 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, 5 min ago | 2.49 bp | 14.9 bp −$15 | 27.5 bp −$275 | 52.1 bp −$5,209 | 84.1 bp −$42.0K |
| Sell Hyperliquid live order book, 4 min ago | 0.50 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0548% | 1h | 1.0016 | +0.010% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0029 | +0.140% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0017 | +0.018% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 1.0014 | −0.010% | $18.8M | $100.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0036% | 8h | 1.0014 | −0.010% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0019 | +0.043% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0021 | +0.060% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.598% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0014 | −0.008% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0056% | 8h | 1.0017 | +0.020% | $57.9M | $178.0M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0082% | 8h | 1.0010 | −0.050% | $243K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0015 | +0.004% | $159K | $352K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 1.0016 | +0.015% | $8.6M | $9.4M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 1.0025 | +0.102% | $510K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0016 | +0.010% | $15.6M | $19.3M | 25x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 1.0015 | long leg | $8.5M | $16.4M | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0012 | −0.030% | $11.0M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0013 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0054 | +0.385% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0050 | +0.345% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0045 | +0.296% | $301K | $869K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | +0.150% | $30K | $186K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0027 | +0.121% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | −0.050% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0010 | −0.050% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0017 | +0.020% | $637K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.050% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0176% | 8h | 1.0015 | 0.000% | $2.7M | $637K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0020 | +0.048% | $267K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
BingX FIL-USDC
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]