Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.008%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.008%, 7d avg +0.001%
=Together, before fees+0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008485 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $2.9M | $5.4M | 50x |
| Short | Hyperliquid GMT | 0.008486 | 0.0100 | get 0.0013% / 1h | 18m 16s | $113K | $153K | 3x |
Binance GMTUSDT
Hyperliquid GMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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: +0.008% → +0.001%
- $0.76
- Slippage, 4 orders
- −$96.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$114.31
- Costs to cover
- 1.151%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Hyperliquid: live order book, 51 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 Binance live order book, 4 min ago | 1.78 bp | 20.9 bp −$21 | 165.0 bp −$1,650 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 51 min ago | 1.18 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1175% | 1h | 0.008486 | +0.013% | $43K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0443% | 8h | 0.008488 | +0.032% | $1.0M | $2.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0360% | 4h | 0.008481 | −0.051% | $391K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0347% | 8h | 0.008436 | −0.581% | $4K | $5K | — | as long as short |
| KuCoin GMTUSDTM | −0.0302% | 4h | 0.008470 | −0.180% | $247K | $185K | 50x | as long as short |
| Bitget GMTUSDT | +0.0050% | 4h | 0.008492 | +0.079% | $671K | $632K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008466 | −0.228% | — | $1.3M | — | as long as short |
| Aster GMTUSDT | +0.0093% | 4h | 0.008485 | −0.006% | $7K | $23K | 10x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008486 | +0.008% | $113K | $153K | 3x | |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008485 | long leg | $2.9M | $5.4M | 50x |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
KuCoin GMTUSDTM
Bitget GMTUSDT
BingX GMT-USDT
Aster GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008480 | −0.063% | $144K | $176K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008490 | +0.055% | $420K | $213K | 20x | as long as short |
Gate GMT_USDT
MEXC GMT_USDT