Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid+0.007%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$970.966% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.007%, 7d avg 0.000%
=Together, before fees−0.033%+ 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 | Hyperliquid GMT | 0.008604 | 0.0100 | pay 0.0013% / 1h | 12m 40s | $129K | $121K | 3x |
| Short | Binance GMTUSDT | 0.008605 | 0.0100 | get 0.0050% / 4h | 3h 12m | $2.8M | $3.3M | 50x |
Hyperliquid GMT
Binance GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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: +0.007% → 0.000%
- $0.76
- Slippage, 4 orders
- −$77.64
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.88
- Costs to cover
- 0.966%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 36 min ago; Binance: live order book, 8 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 Hyperliquid live order book, 36 min ago | 3.58 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.17 bp | 18.0 bp −$18 | 81.3 bp −$813 | 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 | −0.1344% | 1h | 0.008607 | +0.038% | $45K | $13K | 20x | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008604 | long leg | $129K | $121K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008599 | −0.054% | $7K | $18K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008605 | +0.007% | $2.8M | $3.3M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008599 | −0.058% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008613 | +0.105% | $358K | $641K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008600 | −0.046% | $150K | $113K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008605 | +0.012% | $421K | $189K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008600 | −0.046% | $257K | $105K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008599 | −0.058% | $696K | $421K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Aster GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
KuCoin GMTUSDTM
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 | 0.008601 | −0.035% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008572 | −0.370% | $4K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT