HYPER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0309%/8h= −33.8% APRnext payment −$1.55 per $10,000 · paid last 24h −0.012%

Price spread now: Gate against BloFin+0.027%78s7-day average — · you sell dearer than you buy

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

Long on BloFin 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

The price spread pays, funding is against you. Gate is 0.027% dearer against BloFin than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.036% in total) that is about 5.2 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 per $10,000. 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	BloFin HYPER-USDT	0.07418	0.0129	pay 0.0065% / 4h	1h 57m	$190K	$23K	50x
Short	Gate HYPER_USDT	0.07420	−0.0180	pay 0.0090% / 4h	1h 57m	$90K	$46K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee GatebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$64.89
Price spread: +0.027% → 0.000%: $2.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$89.2
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 17 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 BloFin live order book, 17 min ago	1.34 bp	21.7 bp −$22	51.4 bp −$514	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
Gate HYPER_USDTshort	−0.0180%	4h	0.07420	+0.027%	$90K	$46K	50x
KuCoin HYPERUSDTM	−0.0160%	4h	0.07399	−0.256%	$131K	$93K	30x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07415	−0.043%	$72K	$121K	3x	as long as short
Aster HYPERUSDT	+0.0100%	4h	0.07429	+0.151%	$20K	$4K	5x	as long as short
Binance HYPERUSDT	+0.0100%	4h	0.07411	−0.094%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07419	+0.013%	$1.1M	$704K	25x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07417	−0.013%	$258K	$128K	20x	as long as short
Bitget HYPERUSDT	+0.0100%	4h	0.07415	−0.040%	$310K	$262K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07410	−0.106%	$7K	$1K	—	as long as short
BloFin HYPER-USDTlong	+0.0129%	4h	0.07418	long leg	$190K	$23K	50x