Funding you earn now, next payment 05:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against Bitget−0.023%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.023%, 7d avg −0.006%
=Together, before fees+0.098%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008530 | −0.0030 | get 0.0015% / 4h | 3h 32m | $680K | $616K | 50x |
| Short | Hyperliquid GMT | 0.008528 | 0.0100 | get 0.0013% / 1h | 32m 07s | $113K | $149K | 3x |
Bitget GMTUSDT
Hyperliquid GMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $27.3
- Price spread: −0.023% → −0.006%
- −$1.78
- Slippage, 4 orders
- −$87.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$82.88
- Costs to cover
- 1.084%
- Break-even
- 28.3 days
Slippage from Bitget: live order book, 18 min ago; Hyperliquid: live order book, 47 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 Bitget live order book, 18 min ago | 7.00 bp | 22.7 bp −$23 | 380.9 bp −$3,809 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 47 min ago | 1.74 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.1572% | 1h | 0.008544 | +0.166% | $44K | $12K | 20x | as long as short |
| Bybit GMTUSDT | −0.0499% | 8h | 0.008523 | −0.082% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0465% | 4h | 0.008517 | −0.152% | $398K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0444% | 4h | 0.008530 | 0.000% | $276K | $180K | 50x | as long as short |
| Variational Omni GMT | −0.0265% | 8h | 0.008525 | −0.059% | $3K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0101% | 4h | 0.008530 | +0.006% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDTlong | −0.0030% | 4h | 0.008530 | long leg | $680K | $616K | 50x | |
| BingX GMT-USDT | +0.0050% | 4h | 0.008529 | −0.012% | — | $1.3M | — | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008528 | −0.023% | $113K | $149K | 3x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008529 | −0.013% | $2.9M | $5.2M | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Variational Omni GMT
Aster GMTUSDT
BingX GMT-USDT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008540 | +0.117% | $151K | $174K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008530 | 0.000% | $432K | $209K | 20x | as long as short |
Gate GMT_USDT
MEXC GMT_USDT