Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.036%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.245% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.442%+$44 · spread now +0.036%, 7d avg +0.055%
=Together, before fees+0.359%+ Points / potential airdropHyperliquid: Season 2 · farm board+$36 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MET_USDT | 0.2760 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $179K | $174K | 50x |
| Short | Hyperliquid MET | 0.2761 | 0.0100 | get 0.0013% / 1h | 7m 55s | $3.7M | $1.7M | 3x |
Funding 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: +0.036% → +0.055%
- −$1.89
- Slippage, 4 orders
- −$100.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$126.38
- Costs to cover
- 1.245%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 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, 38 min ago | 7.16 bp | 41.4 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.72 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
MET on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC] | L −0.0587% / S +0.0175% | 1h | 0.2761 | +0.038% | $4K | — | 50x | as long as short |
| Phoenix MET | −0.0029% | 1h | 0.2770 | +0.362% | $13K | $15K | 5x | as long as short |
| BloFin MET-USDT | +0.0080% | 4h | 0.2772 | +0.435% | $283K | $88K | 50x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2762 | +0.072% | $168K | $424K | 5x | as long as short |
| Hyperliquid METshort | +0.0100% | 1h | 0.2761 | +0.036% | $3.7M | $1.7M | 3x | |
| Aster METUSDT | +0.0100% | 4h | 0.2761 | +0.043% | $52K | $11K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2761 | +0.036% | $4.7M | $12.1M | 50x | as long as short |
| Bybit METUSDT | +0.0100% | 4h | 0.2759 | −0.025% | $4.8M | $3.1M | 25x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2764 | +0.145% | $1.2M | $3.2M | 20x | as long as short |
| Gate MET_USDTlong | +0.0100% | 4h | 0.2760 | long leg | $179K | $174K | 50x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MET_USDT | +0.0100% | 4h | 0.2759 | −0.036% | $922K | $282K | 20x | as long as short |
| KuCoin METUSDTM | +0.0100% | 4h | 0.2762 | +0.072% | $1.3M | $2.6M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2762 | +0.072% | $658K | $865K | 25x | as long as short |
| Backpack MET_USDC_PERP | +0.0100% | 1h | 0.2763 | +0.112% | $312K | $272K | 5x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2768 | +0.290% | $35K | $119K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2761 | +0.036% | $2K | $1.6M | 20x | as long as short |
Gate MET_USDT
Hyperliquid MET
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
BloFin MET-USDT
Lighter MET
Aster METUSDT
Binance METUSDT
Bybit METUSDT
OKX MET-USDT-SWAP
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT