Funding you earn now, next payment 01:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.014%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid S | 0.04004 | 0.0100 | pay 0.0013% / 1h | 8m 20s | $1.0M | $621K | 5x |
| Short | gTrade (Gains Network) S/USD | 0.04003 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 8m 20s | $617 | — | 150x |
Hyperliquid S
gTrade (Gains Network) S/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$22.28
- Price spread: −0.013% → 0.000%
- −$1.3
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$42.58
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 2 min ago | 1.62 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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_SUSD | −0.2019% | 1h | 0.04002 | −0.044% | $34K | $23K | 10x | as long as short |
| 01 Exchange SUSD | −0.1728% | 1h | 0.04000 | −0.090% | $25K | $2K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.1240% | 1h | 0.03959 | −1.114% | $49K | $5K | 25x | as long as short |
| Variational Omni S | −0.0682% | 4h | 0.03997 | −0.169% | $621K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04003 | −0.025% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04001 | −0.055% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.04003 | −0.013% | $617 | — | 150x | |
| Orderly PERP_S_USDC | +0.0026% | 4h | 0.04002 | −0.040% | $102K | $331K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.408% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04008 | +0.110% | $164K | $192K | 5x | as long as short |
Kraken Futures PF_SUSD
01 Exchange SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Orderly PERP_S_USDC
Injective S/USDC PERP
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid Slong | +0.0100% | 1h | 0.04004 | long leg | $1.0M | $621K | 5x | |
| Aster SUSDT | +0.0100% | 4h | 0.04006 | +0.052% | $44K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04002 | −0.046% | $5.5M | $15.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03995 | −0.215% | $5.7M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04001 | −0.065% | $983K | $4.5M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04002 | −0.040% | $327K | $218K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04002 | −0.040% | $3.6M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04005 | +0.035% | $1.9M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04004 | +0.010% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04002 | −0.040% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04000 | −0.090% | $26K | $445K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03998 | −0.131% | $224K | $1.1M | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0268% | 1h | 0.04010 | +0.160% | $117K | $325K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04004 | +0.010% | $271K | $127K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0499% | 1h | 0.04007 | +0.085% | $67K | $10K | 10x | as long as short |
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL