Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.060%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1621.616% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.060%, 7d avg +0.015%
=Together, before fees−0.172%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 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 0.075% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GMT | 0.008355 | 0.0100 | pay 0.0013% / 1h | 28m 12s | $123K | $123K | 3x |
| Short | Gate GMT_USDT | 0.008350 | 0.0100 | get 0.0100% / 8h | 28m 12s | $146K | $105K | 50x |
Hyperliquid GMT
Gate GMT_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: −0.060% → +0.015%
- −$7.47
- Slippage, 4 orders
- −$137.58
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.05
- Costs to cover
- 1.616%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 31 min ago; Gate: live order book, 42 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, 31 min ago | 1.79 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 6.01 bp | 45.4 bp −$45 | 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 | −0.1563% | 1h | 0.008349 | −0.072% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0092% | 4h | 0.008330 | −0.299% | $248K | $100K | 50x | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008355 | long leg | $123K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008350 | −0.057% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008351 | −0.049% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008343 | −0.144% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008348 | −0.084% | $349K | $561K | 20x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008350 | −0.060% | $146K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008350 | −0.060% | $421K | $183K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008345 | −0.120% | $672K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008333 | −0.269% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008349 | −0.072% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT