Funding you earn now, next payment 22:00 UTC+0.0736%/8h= +80.6% APRpaid last 24h +0.102%
Price spread now: Gate against Hyperliquid+0.224%7-day average +0.387% · you sell dearer than you buy
Net, funding: paid 7d − costs−$773as in the Funding arb table
Net, price: spread back to 7d avg − costs−$819as 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+0.192%+$19 · spread now +0.224%, 7d avg +0.387%
=Together, before fees+0.494%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.163% cheaper against Hyperliquid than usual: you would sell low and buy high (spread +0.224% now, against its 7-day average of +0.387%). If the spread goes back, that is −$16 on $10k: about 18 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.302% in total) that is about 3.8 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 | Hyperliquid STBL | 0.02639 | 0.0396 | pay 0.0049% / 1h | 49m 42s | $1.9M | $283K | 3x |
| Short | Gate STBL_USDT | 0.02645 | 0.1132 | get 0.0566% / 4h | 2h 49m | $1.2M | $117K | 50x |
Hyperliquid STBL
Gate STBL_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
- $154.6
- Price spread: +0.224% → +0.387%
- −$16.32
- Slippage, 4 orders
- −$778.94
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$664.66
- Costs to cover
- 8.029%
- Break-even
- 37.1 days
Slippage from Hyperliquid: live order book, 1 min ago; Gate: 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 Hyperliquid live order book, 1 min ago | 1.33 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.67 bp | 381.5 bp −$381 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDT | +0.0054% | 4h | 0.02644 | +0.186% | $127K | $22K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02634 | −0.193% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02641 | +0.072% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02642 | +0.110% | $369K | $148K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02633 | −0.231% | $1.1M | $227K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02641 | +0.054% | $965 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02638 | −0.042% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0273% | 4h | 0.02641 | +0.072% | $1.5M | $686K | 20x | as long as short |
| BingX STBL-USDT | +0.0274% | 4h | 0.02643 | +0.148% | — | $6.6M | — | as long as short |
| Hyperliquid STBLlong | +0.0396% | 1h | 0.02639 | long leg | $1.9M | $283K | 3x |
BloFin STBL-USDT
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1046% | 4h | 0.02638 | −0.029% | $88K | $5K | 5x | as long as short |
| Gate STBL_USDTshort | +0.1132% | 4h | 0.02645 | +0.224% | $1.2M | $117K | 50x |
Aster STBLUSDT