BTC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HyperliquidBTC	76,216	+0.0100	pay 0.0013% / 1h	4m 49s	$3.06B	$4.83B	40x	Long Hyperliquid4% off
SHORT	GateBTC_USDT	76,205.1	−0.0049	pay 0.0049% / 8h	6h 04m	$4.60B	$11.33B	200x	Short Gate

Price gap−0.014%

Funding gap−0.0149% /8h

Funding costs $4 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$2−0.0149% /8h now · paid −0.023% over the last 7D

Price$0spread −0.014% now, avg −0.011% → −0.004% if it goes back

Costs−$260.255% of $10k · taker + slippage, in and out

Result−$28−0.28%+ Points / potential airdropHyperliquid: Season 2 · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.014%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BTC on 55 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

OK: Fits both order books5.9 / 7.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$250 + $50
Hyperliquid 40x, Gate 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$4.47Long Hyperliquid: 24 payments, −$3.00; short Gate: 3 payments, −$1.47.
Note: Gap at its usual level−0.014% vs −0.011%
The price leg adds little either way.
Note: Long leg is thinner$3.06B vs $4.60B OI
Both legs are deep; Hyperliquid is the smaller one.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
Watch: KYCHyperliquid No · Gate Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0011%/8h × 21 periods−$2.26

Price spread−0.014% → −0.011% (7d avg)−$0.38

Slippage, 4 orderslive order books−$1.52

Fee Hyperliquid bp × 2 orders−$9.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$28.16

Costs to cover0.255%Break-evennever at this rate

Slippage: Hyperliquid: live order book, 12 min ago; Gate: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid0.075.9 bp−$66.1 bp−$616.4 bp−$6397.2 bp−$3,587

SELL · SHORTGate0.017.5 bp−$87.5 bp−$759.2 bp−$91914.5 bp−$7,263

Closing costs about the same again.

BTC news

posts that mention BTC, from every exchange

11-06 00:13	GMX	Other	One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗
11-05 22:36	Deribit	Other	🚨 Options Expiry Alert 🚨 At 08:00 UTC Friday, ~$2.86B in BTC and ETH options are set to expire on Deribit. $BTC: ~$2.64B notional \| P/C: 0.38 \| Max Pain: $79K $ETH: ~$224.5M notional \| P/C: 1.27 \| Max Pain: $2.35K BTC positioning is heavily call-weighted, with notable concentrations at $82K and $85K. ETH shows the opposite, with puts outweighing calls and significant put interest around $2.1K. Track the full breakdown ↓ @DeribitOfficial on X ↗
11-05 21:00	MEXC	Other	$BTC did $75K → $80K in hours. No big news. No major buyers. ETFs were actually bleeding $1.16B. Watch the full breakdown of why. 👇 Markets are moving. Long or short from here? @MEXC on X ↗
11-05 19:30	Paradex	Other	You already own options. You just never called them that. Trade BTC options on Paradex, 0 fees: @paradex on X ↗
11-05 15:14	Injective	Other	@Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗
11-05 15:09	RISEx	Other	Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗

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