Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.002%
Price spread now: Gate against gTrade (Gains Network)−0.147%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 0.147% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 12 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 93.051 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 52m 58s | $20K | — | 150x |
| Short | Gate HYPE_USDT | 92.914 | 0.0042 | get 0.0021% / 4h | 1h 52m | $43.9M | $56.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against gTrade (Gains Network). 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
- $8.42
- Price spread: −0.147% → 0.000%
- −$14.72
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.31
- Costs to cover
- 0.250%
- Break-even
- 33.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 0.05 bp | 10.1 bp −$10 | 13.9 bp −$139 | 26.9 bp −$2,693 | 47.6 bp −$23.8K |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0295% | 1h | 93.171 | +0.129% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.986 | −0.070% | $1.2M | $4.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.204 | +0.164% | $3K | $331 | 25x | as long as short |
| Hibachi HYPE/USDT-P | −0.0040% | 1h | 93.170 | +0.128% | $197K | $231K | 7x | as long as short |
| Derive HYPE-PERP | −0.0017% | 1h | 92.906 | −0.156% | $16.3M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.117 | +0.071% | $127K | $32K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.050 | −0.001% | $90K | $361K | 20x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.026 | −0.027% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.052 | +0.001% | $23K | $331K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0001% | 1h | 93.051 | long leg | $20K | — | 150x |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0007% | 4h | 92.932 | −0.127% | $8.9M | $35.9M | 300x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0020% | 1h | 93.160 | +0.117% | $699K | $928K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 92.940 | −0.119% | $323.3M | $286.9M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.222 | +0.184% | $216K | $1.2M | 10x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 93.028 | −0.025% | $56K | $1.2M | 50x | as long as short |
| Gate HYPE_USDTshort | +0.0042% | 4h | 92.914 | −0.147% | $43.9M | $56.8M | 75x | |
| Orderly PERP_HYPE_USDC | +0.0043% | 4h | 93.008 | −0.046% | $165K | $515K | 20x | as long as short |
| Bullet HYPE-USD | +0.0090% | 1h | 93.006 | −0.048% | $112K | $579K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.969 | −0.088% | $18.5M | $58.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.937 | −0.123% | $3.0M | $12.0M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.069 | +0.019% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.060 | +0.010% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.061 | +0.011% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.959 | −0.099% | $2.02B | $669.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.078 | +0.029% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.930 | −0.130% | $383.1M | $892.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.901 | −0.161% | $114.0M | $314.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.271 | +0.237% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.917 | −0.144% | $90.9M | $81.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.931 | −0.129% | $47.0M | $19.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.947 | −0.112% | $225.4M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.921 | −0.140% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.903 | −0.159% | $7.8M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.107 | +0.060% | $29.0M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.245 | +0.208% | $7.5M | $44.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.221 | +0.183% | $412K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.257 | +0.221% | $674K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.084 | +0.035% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.047 | −0.004% | $491K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.985 | −0.071% | $75K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.053 | +0.002% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.928 | −0.132% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.920 | −0.141% | $12.7M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0103% | 4h | 93.179 | +0.137% | $5.1M | $29.4M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.898 | −0.164% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.924 | −0.137% | $395K | $318K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 92.980 | −0.076% | $4.9M | $5.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.990 | −0.066% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.003 | −0.052% | $77K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.087 | +0.038% | $2.7M | $6.8M | 20x | as long as short |
| HTX HYPE-USDT | +0.0297% | 4h | 93.200 | +0.160% | $1.5M | $7.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0320% | 1h | 93.026 | −0.027% | $7.4M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0158% | 1h | 93.034 | −0.018% | $1.5M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.007 | −0.047% | $17.0M | $12.4M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.036 | −0.016% | $20.7M | $28.4M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Gate HYPE_USDT
Aftermath Perps HYPEUSD
Derive HYPE-PERP
01 Exchange HYPEUSD
Kalshi KXHYPEPERP
Aster HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Popdex HYPEUSDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
edgeX HYPEUSDC
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
RISEx HYPE/USDC
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD