Funding you earn now, next payment 01:00 UTC+0.0681%/8h= +74.6% APRpaid last 24h +0.198%
Price spread now: Hyperliquid against Gate+0.300%7-day average +0.227% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.300%, 7d avg +0.227%
=Together, before fees+0.489%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.073% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.227%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% 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 SYRUP_USDT | 0.2297 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $427K | $68K | 25x |
| Short | Hyperliquid SYRUP | 0.2304 | 0.0781 | get 0.0098% / 1h | 15m 34s | $5.9M | $1.6M | 3x |
Gate SYRUP_USDT
Hyperliquid SYRUPFunding 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
- $142.98
- Price spread: +0.300% → +0.227%
- $7.29
- 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
- $126.27
- Costs to cover
- 0.240%
- Break-even
- 0.8 days
Slippage unknown: Gate: live order book, 55 min ago; Hyperliquid: live order book, 6 min ago. 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 Gate live order book, 55 min ago | 17.33 bp | 216.8 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.39 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SYRUP on 16 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 SYRUP | +0.0096% | 1h | 0.2302 | +0.209% | $209K | $217K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2298 | +0.029% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2299 | +0.091% | $9.6M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2300 | +0.148% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2300 | +0.131% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDTlong | +0.0100% | 8h | 0.2297 | long leg | $427K | $68K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2299 | +0.087% | $3.0M | $580K | 100x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2299 | +0.087% | $670K | $440K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2297 | +0.013% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2297 | −0.007% | $166K | $46K | — | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
MEXC SYRUP_USDT
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0145% | 4h | 0.2293 | −0.170% | $453K | $131K | 50x | as long as short |
| KuCoin SYRUPUSDTM | +0.0148% | 4h | 0.2304 | +0.318% | $2.0M | $112K | 25x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2298 | +0.061% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2294 | −0.123% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUPshort | +0.0781% | 1h | 0.2304 | +0.300% | $5.9M | $1.6M | 3x | |
| Kraken Futures PF_SYRUPUSD | +0.1572% | 1h | 0.2299 | +0.085% | $41K | $23K | 10x | as long as short |
BloFin SYRUP-USDT
KuCoin SYRUPUSDTM
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD