Funding you earn now, next payment 22:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.077%
Price spread now: Hyperliquid against Gate+0.126%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.126%, 7d avg +0.097%
=Together, before fees+0.189%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2223 | 0.0019 | pay 0.0019% / 8h | 2h 45m | $5.5M | $21.5M | 60x |
| Short | Hyperliquid ARB | 0.2226 | 0.0100 | get 0.0013% / 1h | 45m 41s | $39.8M | $53.1M | 10x |
Gate ARB_USDT
Hyperliquid ARBFunding 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
- $17.01
- Price spread: +0.126% → +0.097%
- $2.85
- Slippage, 4 orders
- −$28.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$32.61
- Costs to cover
- 0.525%
- Break-even
- 20.4 days
Slippage from Gate: live order book, 3 min ago; Hyperliquid: live order book, 8 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, 3 min ago | 1.13 bp | 18.2 bp −$18 | 32.1 bp −$321 | 91.3 bp −$9,133 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.23 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2203 | −0.895% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0384% | 1h | 0.2217 | −0.247% | $7K | $2K | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.0271% | 1h | 0.2210 | −0.580% | $120K | $297K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0245% | 1h | 0.2220 | −0.148% | $36K | $18K | 25x | as long as short |
| Bybit ARBUSDT | −0.0236% | 8h | 0.2224 | +0.045% | $57.5M | $135.1M | 50x | as long as short |
| Variational Omni ARB | −0.0191% | 8h | 0.2209 | −0.605% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0060% | 8h | 0.2223 | −0.009% | $22.1M | $164.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0060% | 8h | 0.2223 | +0.004% | $37.4M | $63.1M | 200x | as long as short |
| SoDEX ARB-USD | −0.0054% | 1h | 0.2218 | −0.229% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2220 | −0.131% | $1.1M | $5.2M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
ApeX Omni ARBUSDT
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0017% | 1h | 0.2219 | −0.171% | $77K | $2.3M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0008% | 8h | 0.2220 | −0.130% | $10K | $383K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | +0.076% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2221 | −0.092% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0006% | 8h | 0.2224 | +0.031% | $63.4M | $326.0M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2222 | −0.026% | $353K | $2.5M | 25x | as long as short |
| Gate ARB_USDTlong | +0.0019% | 8h | 0.2223 | long leg | $5.5M | $21.5M | 60x | |
| BloFin ARB-USDT | +0.0023% | 8h | 0.2220 | −0.117% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | −0.127% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2222 | −0.040% | $20.8M | $38.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2223 | +0.018% | — | $54.1M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2224 | +0.063% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2226 | +0.126% | $39.8M | $53.1M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | +0.059% | $692K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | +0.090% | $46K | $207K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | +0.090% | $20.5M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | −0.461% | $38K | $450K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.441% | $475K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | −0.175% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2218 | −0.225% | $273K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | −0.220% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0168% | 1h | 0.2220 | −0.132% | $813K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2224 | +0.049% | $508K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2219 | −0.190% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0457% | 1h | 0.2225 | +0.090% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2225 | +0.092% | $488K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC