USELESS: Gate → Hyperliquid

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+56%

APR right now

Price gap

+0.172%

between legs

Average spread

+67%

over 24h from our own samples

Over 7 days

+67%

samples: 202

GateLONG

Bid / ask— / —

Mark price0.30594

Volume 24h$9.15M

Open interest$3.89M

Rate+0.0066%

APR+14%

Interval / next payout4h / 20m

Gate

HyperliquidSHORT

Bid / ask0.306465 / 0.307003

Mark price0.306405

Volume 24h$22.41M

Open interest$14.86M

Rate+0.0081%

APR+71%

Interval / next payout1h / 20m

Hyperliquid

Spread from our samples

spread over the period: from -282% to 163% APR, 202 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.