Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid+0.053%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$843as in the Funding arb table
Net, price: spread back to 7d avg − costs−$851as in the Price arb table
costs, in and out, $10k−$8558.554% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.053%, 7d avg +0.014%
=Together, before fees+0.047%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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 0.039% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007591 | 0.0100 | pay 0.0013% / 1h | 32m 18s | $1.1M | $148K | 3x |
| Short | Gate ALT_USDT | 0.007595 | 0.0100 | get 0.0100% / 8h | 3h 32m | $50K | $380K | 25x |
Hyperliquid ALT
Gate ALT_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: +0.053% → +0.014%
- $3.86
- Slippage, 4 orders
- −$831.36
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$851.5
- Costs to cover
- 8.554%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Gate: live order book, 18 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, 8 min ago | 4.61 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 8.51 bp | 264.6 bp −$265 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0145% | 1h | 0.007598 | +0.092% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.317% | $837 | $4K | 5.5x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0042% | 1h | 0.007597 | +0.079% | $44K | $8K | 10x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007591 | long leg | $1.1M | $148K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007596 | +0.066% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007589 | −0.026% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDTshort | +0.0100% | 8h | 0.007595 | +0.053% | $50K | $380K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007597 | +0.079% | $386K | $178K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007598 | +0.092% | $148K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007594 | +0.040% | $613K | $126K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Kraken Futures PF_ALTUSD
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007593 | +0.026% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007590 | −0.011% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0125% | 4h | 0.007594 | +0.040% | $173K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0488% | 1h | 0.007691 | +1.317% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX