Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Gate against Hyperliquid−0.170%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2272.275% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.170%, 7d avg +0.074%
=Together, before fees+0.328%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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: Gate is 0.245% cheaper against Hyperliquid than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04810 | 0.0100 | pay 0.0013% / 1h | 35m 44s | $902K | $400K | 3x |
| Short | Gate IOTA_USDT | 0.04802 | 0.0100 | get 0.0100% / 8h | 5h 35m | $839K | $256K | 75x |
Hyperliquid IOTA
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.170% → +0.074%
- −$24.48
- Slippage, 4 orders
- −$203.46
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$251.94
- Costs to cover
- 2.275%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Gate: live order book, 26 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, 4 min ago | 2.19 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 6.29 bp | 79.7 bp −$80 | 178.1 bp −$1,781 | doesn't fit | doesn't fit |
IOTA 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_IOTAUSD | −0.0195% | 1h | 0.04811 | +0.020% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04810 | long leg | $902K | $400K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04812 | +0.037% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04806 | −0.087% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04811 | +0.017% | $564K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04802 | −0.170% | $839K | $256K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04811 | +0.017% | $593K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04815 | +0.100% | $1.7M | $708K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04806 | −0.087% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04803 | −0.148% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0126% | 8h | 0.04784 | −0.545% | $170K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0862% | 8h | 0.04808 | −0.046% | $2.8M | $241K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM