Settings8H · net · $10k
Funding arb · Price arb /

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Hyperliquid against Gate+0.004%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.513%−$51 on $10k
Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.004%, 7d avg −0.006%
Together, before fees−0.741%+ Points / potential airdropHyperliquid: Season 2 · farm board−$74 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STABLE_USDT0.024740.0100pay 0.0050% / 4h2h 57m$171K$87K50x
ShortHyperliquid STABLE0.024740.0100get 0.0013% / 1h57m 55s$873K$234K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.004% → −0.006%
$0.96
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$23.04
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 25 min ago; Hyperliquid: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 25 min ago6.07 bp153.4 bp −$153doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 27 min ago6.87 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STABLEUSDT−0.0146%4h0.02474+0.004%$19K$7K20xas long as short
Lighter STABLE+0.0096%1h0.02490+0.659%$115K$3K3xas long as short
Hyperliquid STABLEshort+0.0100%1h0.02474+0.004%$873K$234K3x
Binance STABLEUSDT+0.0100%4h0.02472−0.066%$2.4M$2.7M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02475+0.040%$1.5M$817K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02475+0.040%$204K$418K20xas long as short
Gate STABLE_USDTlong+0.0100%4h0.02474long leg$171K$87K50x
MEXC STABLE_USDT+0.0100%4h0.02473−0.040%$660K$156K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02480+0.243%$175K$27K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02476+0.081%$291K$121K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02476+0.081%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02480+0.224%$145K$51Kas long as short
SunX STABLE-USDT+0.0100%4h0.024740.000%$1K$642K20xas long as short
Extended STABLE-USD+0.0104%1h0.02473−0.053%$12K$175K10xas long as short
BloFin STABLE-USDT+0.0113%4h0.02476+0.081%$115K$8K75xas long as short