Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.011%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1051.049% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.011%, 7d avg +0.001%
=Together, before fees−0.031%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GMT | 0.008485 | 0.0100 | pay 0.0013% / 1h | 0m 46s | $122K | $151K | 3x |
| Short | Binance GMTUSDT | 0.008484 | 0.0100 | get 0.0050% / 4h | 0m 46s | $2.8M | $5.6M | 50x |
Hyperliquid GMT
Binance GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.011% → +0.001%
- −$1.21
- Slippage, 4 orders
- −$85.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.07
- Costs to cover
- 1.049%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 48 min ago; Binance: 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 Hyperliquid live order book, 48 min ago | 1.76 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.18 bp | 27.2 bp −$27 | 98.9 bp −$989 | 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 | −0.1281% | 1h | 0.008486 | +0.017% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0176% | 8h | 0.008485 | −0.002% | $4K | $6K | — | as long as short |
| Bybit GMTUSDT | −0.0122% | 8h | 0.008481 | −0.047% | $1.1M | $2.1M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0090% | 4h | 0.008480 | −0.059% | $241K | $204K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0060% | 4h | 0.008480 | −0.059% | $388K | $1.3M | 20x | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008485 | long leg | $122K | $151K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008483 | −0.028% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008484 | −0.011% | $2.8M | $5.6M | 50x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008490 | +0.059% | $138K | $187K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008485 | 0.000% | $447K | $220K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
Bybit GMTUSDT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Aster GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008490 | +0.059% | $701K | $647K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008481 | −0.047% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT