Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.108%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.108%, 7d avg +0.009%
=Together, before fees+0.021%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 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: Bitget is 0.118% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GMT | 0.008320 | 0.0100 | pay 0.0013% / 1h | 47m 53s | $122K | $123K | 3x |
| Short | Bitget GMTUSDT | 0.008311 | 0.0100 | get 0.0050% / 4h | 2h 47m | $669K | $405K | 50x |
Hyperliquid GMT
Bitget GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.108% → +0.009%
- −$11.77
- Slippage, 4 orders
- −$91.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$124.75
- Costs to cover
- 1.130%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 35 min ago; Bitget: live order book, 37 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, 35 min ago | 1.20 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 6.01 bp | 28.5 bp −$29 | 338.4 bp −$3,384 | 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 | −0.1130% | 1h | 0.008330 | +0.125% | $47K | $7K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0054% | 4h | 0.008310 | −0.120% | $257K | $101K | 50x | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008320 | long leg | $122K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008318 | −0.024% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008318 | −0.029% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008315 | −0.060% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008310 | −0.120% | $343K | $553K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008330 | +0.120% | $149K | $102K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008320 | 0.000% | $411K | $180K | 20x | as long as short |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008311 | −0.108% | $669K | $405K | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008315 | −0.060% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008308 | −0.144% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT