Funding arb · Price arb /

HYPER

all HYPER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against Bitget−0.013%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HYPERUSDT	0.07531	0.0100	pay 0.0050% / 4h	9m 04s	$314K	$279K	50x
Short	Gate HYPER_USDT	0.07530	0.0100	get 0.0050% / 4h	9m 04s	$87K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$28.33
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 41 min ago; Gate: no order-book sample. 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 Bitget live order book, 41 min ago	9.99 bp	29.1 bp −$29	132.0 bp −$1,320	doesn't fit	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: 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.

HYPER on 10 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 HYPER-USDT	+0.0067%	4h	0.07532	+0.013%	$193K	$21K	50x	as long as short
KuCoin HYPERUSDTM	+0.0092%	4h	0.07534	+0.040%	$105K	$85K	30x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07538	+0.092%	$71K	$129K	3x	as long as short
Aster HYPERUSDT	+0.0100%	4h	0.07543	+0.163%	$21K	$4K	5x	as long as short
Binance HYPERUSDT	+0.0100%	4h	0.07533	+0.031%	$2.0M	$2.2M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07532	+0.013%	$1.2M	$802K	25x	as long as short
Gate HYPER_USDTshort	+0.0100%	4h	0.07530	−0.013%	$87K	$42K	50x
MEXC HYPER_USDT	+0.0100%	4h	0.07530	−0.013%	$237K	$132K	20x	as long as short
Bitget HYPERUSDTlong	+0.0100%	4h	0.07531	long leg	$314K	$279K	50x
Variational Omni HYPER	+0.0100%	4h	0.07534	+0.041%	$6K	$1K	—	as long as short