Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.071%
Price spread now: Hyperliquid against Gate+0.109%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.109%, 7d avg +0.174%
=Together, before fees+0.143%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 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 0.065% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX_USDT | 0.5042 | 0.0100 | pay 0.0050% / 4h | 55m 33s | $1.0M | $493K | 50x |
| Short | Hyperliquid SPX | 0.5048 | 0.0100 | get 0.0013% / 1h | 55m 33s | $9.7M | $7.5M | 5x |
Gate SPX_USDT
Hyperliquid SPXFunding 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: +0.109% → +0.174%
- −$6.52
- Slippage, 4 orders
- −$144.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$175.38
- Costs to cover
- 1.689%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Hyperliquid: live order book, 7 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, 1 min ago | 7.93 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.91 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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_SPXUSD | −0.1179% | 1h | 0.5054 | +0.242% | $240K | $560K | 20x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.250% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | +0.0044% | 4h | 0.4974 | −1.352% | $840K | $1.3M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5047 | +0.099% | $116K | $318K | 5x | as long as short |
| Hyperliquid SPXshort | +0.0100% | 1h | 0.5048 | +0.109% | $9.7M | $7.5M | 5x | |
| Aster SPXUSDT | +0.0100% | 4h | 0.5039 | −0.053% | $127K | $108K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5046 | +0.082% | $4.9M | $20.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5038 | −0.079% | $11.5M | $15.9M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5044 | +0.040% | $968K | $2.8M | 20x | as long as short |
| Gate SPX_USDTlong | +0.0100% | 4h | 0.5042 | long leg | $1.0M | $493K | 50x |
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Variational Omni SPX
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5046 | +0.079% | $11.3M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5042 | 0.000% | $3.8M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5041 | −0.020% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5040 | −0.040% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5032 | −0.198% | $45K | $247K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5051 | +0.179% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5041 | −0.020% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5043 | +0.013% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5035 | −0.139% | $245K | $959K | 75x | as long as short |
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT