Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.060%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.060%, 7d avg −0.019%
=Together, before fees+0.373%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 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 0.041% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008320 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $149K | $102K | 50x |
| Short | Hyperliquid GMT | 0.008315 | 0.0100 | get 0.0013% / 1h | 33m 45s | $122K | $123K | 3x |
Gate GMT_USDT
Hyperliquid GMTFunding 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: −0.060% → −0.019%
- −$4.1
- Slippage, 4 orders
- −$122.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$150.2
- Costs to cover
- 1.461%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; Hyperliquid: live order book, 49 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, 49 min ago | 6.01 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 49 min ago | 1.20 bp | 38.9 bp −$39 | 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 | −0.1132% | 1h | 0.008313 | −0.088% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0084% | 4h | 0.008300 | −0.240% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008315 | −0.060% | $122K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008310 | −0.119% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008312 | −0.096% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008310 | −0.120% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008313 | −0.084% | $343K | $552K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008320 | long leg | $149K | $102K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008312 | −0.096% | $411K | $181K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008307 | −0.156% | $668K | $405K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008309 | −0.132% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008305 | −0.178% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT