Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.1% APRpaid last 24h −0.029%
Price spread now: Gate against Hyperliquid−0.162%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.162%, 7d avg −0.140%
=Together, before fees+0.007%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.023% cheaper against Hyperliquid than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.140%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3447 | 0.0202 | pay 0.0025% / 1h | 54m 59s | $1.5M | $1.0M | 5x |
| Short | Gate STX_USDT | 0.3441 | 0.0100 | get 0.0100% / 8h | 54m 59s | $603K | $441K | 50x |
Hyperliquid STX
Gate STX_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
- −$21.38
- Price spread: −0.162% → −0.140%
- −$2.29
- Slippage, 4 orders
- −$111.94
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$159.6
- Costs to cover
- 1.359%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Gate: live order book, 21 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, 6 min ago | 1.60 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 4.35 bp | 44.7 bp −$45 | 235.1 bp −$2,351 | doesn't fit | doesn't fit |
STX on 18 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_STXUSD | −0.1657% | 1h | 0.3446 | −0.028% | $75K | $133K | 20x | as long as short |
| Variational Omni STX | −0.0441% | 8h | 0.3441 | −0.161% | $818K | $308K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3441 | −0.151% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | 0.0000% | 1h | 0.3463 | +0.476% | $4K | $264K | 12x | as long as short |
| ApeX Omni STXUSDT | +0.0083% | 1h | 0.3446 | −0.017% | $58K | $678K | 50x | as long as short |
| BloFin STX-USDT | +0.0097% | 8h | 0.3441 | −0.162% | $430K | $234K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3442 | −0.129% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3442 | −0.133% | $8.1M | $19.8M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3435 | −0.337% | $8.8M | $7.4M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3438 | −0.250% | $2.4M | $6.5M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
ApeX Omni STXUSDT
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDTshort | +0.0100% | 8h | 0.3441 | −0.162% | $603K | $441K | 50x | |
| MEXC STX_USDT | +0.0100% | 8h | 0.3442 | −0.133% | $6.3M | $1.3M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3441 | −0.162% | $2.5M | $1.7M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3436 | −0.308% | $4.9M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3440 | −0.191% | — | $16.1M | — | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3441 | −0.153% | $186K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3441 | −0.153% | $5K | — | 100x | as long as short |
| Hyperliquid STXlong | +0.0202% | 1h | 0.3447 | long leg | $1.5M | $1.0M | 5x |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]