Funding you earn now, next payment 22:00 UTC−0.0702%/8h= −76.8% APRpaid last 24h −0.102%
Price spread now: Hyperliquid against Gate−0.197%7-day average −0.387% · you buy dearer than you sell
Net, funding: paid 7d − costs−$833as in the Funding arb table
Net, price: spread back to 7d avg − costs−$784as in the Price arb table
costs, in and out, $10k−$8038.029% of the position
Funding, last 7 days−0.302%−$30 on $10k
+Price spread, last 7 days−0.219%−$22 · spread now −0.197%, 7d avg −0.387%
=Together, before fees−0.521%+ Points / potential airdropHyperliquid: Season 2 · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.190% dearer against Gate than usual: you sell high and buy low (spread −0.197% now, against its 7-day average of −0.387%): +$19 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.302% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.302% in total (about -15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02645 | 0.1130 | pay 0.0565% / 4h | 2h 48m | $1.2M | $117K | 50x |
| Short | Hyperliquid STBL | 0.02640 | 0.0428 | get 0.0054% / 1h | 48m 34s | $1.9M | $284K | 3x |
Gate STBL_USDT
Hyperliquid STBLFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$147.33
- Price spread: −0.197% → −0.387%
- $19.02
- Slippage, 4 orders
- −$778.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$931.25
- Costs to cover
- 8.029%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Hyperliquid: live order book, 2 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 Gate live order book, 3 min ago | 5.67 bp | 360.1 bp −$360 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.33 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
STBL 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02635 | −0.378% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02644 | −0.056% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02643 | −0.076% | $369K | $148K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02634 | −0.416% | $1.1M | $227K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02641 | −0.170% | $965 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02638 | −0.265% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0107% | 4h | 0.02642 | −0.113% | $127K | $22K | 50x | as long as short |
| BingX STBL-USDT | +0.0274% | 4h | 0.02643 | −0.076% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0317% | 4h | 0.02642 | −0.113% | $1.5M | $686K | 20x | as long as short |
| Hyperliquid STBLshort | +0.0428% | 1h | 0.02640 | −0.197% | $1.9M | $284K | 3x |
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
BingX STBL-USDT
Bybit STBLUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1046% | 4h | 0.02638 | −0.257% | $88K | $5K | 5x | as long as short |
| Gate STBL_USDTlong | +0.1130% | 4h | 0.02645 | long leg | $1.2M | $117K | 50x |
Aster STBLUSDT