Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Gate against Hyperliquid−0.168%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3113.110% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.168%, 7d avg +0.077%
=Together, before fees+0.305%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 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 0.245% cheaper against Hyperliquid than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04823 | 0.0100 | pay 0.0013% / 1h | 24m 54s | $979K | $332K | 3x |
| Short | Gate IOTA_USDT | 0.04815 | 0.0100 | get 0.0100% / 8h | 6h 24m | $880K | $177K | 75x |
Hyperliquid IOTA
Gate IOTA_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: −0.168% → +0.077%
- −$24.46
- Slippage, 4 orders
- −$286.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$335.45
- Costs to cover
- 3.110%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 25 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, 25 min ago | 1.14 bp | 54.5 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 7.20 bp | 124.0 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 11 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_IOTAUSD | −0.0091% | 1h | 0.04814 | −0.196% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04823 | long leg | $979K | $332K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04817 | −0.127% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04814 | −0.189% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04813 | −0.209% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04815 | −0.168% | $880K | $177K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04819 | −0.085% | $593K | $177K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04820 | −0.064% | $1.8M | $729K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04817 | −0.126% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04814 | −0.184% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0814% | 8h | 0.04827 | +0.081% | $2.8M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM