Funding you earn now, next payment 00:00 UTC+0.0226%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Gate−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. BloFin is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.036% in total) that is about 5.2 days.
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 +$1.13 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 | Gate HYPER_USDT | 0.07450 | −0.0094 | get 0.0047% / 4h | 2h 18m | $91K | $46K | 50x |
| Short | BloFin HYPER-USDT | 0.07448 | 0.0132 | get 0.0066% / 4h | 2h 18m | $189K | $23K | 50x |
Gate HYPER_USDT
BloFin HYPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $47.43
- Price spread: −0.027% → 0.000%
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $17.75
- Costs to cover
- 0.270%
- Break-even
- 4.4 days
Slippage unknown: Gate: no order-book sample; BloFin: live order book, 63 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 63 min ago | 2.01 bp | 29.3 bp −$29 | 70.2 bp −$702 | doesn't fit | doesn't fit |
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_USDTlong | −0.0094% | 4h | 0.07450 | long leg | $91K | $46K | 50x | |
| KuCoin HYPERUSDTM | −0.0014% | 4h | 0.07451 | +0.013% | $132K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07449 | −0.017% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07457 | +0.097% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07453 | +0.036% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07451 | +0.013% | $1.2M | $706K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07455 | +0.067% | $259K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07443 | −0.094% | $311K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07459 | +0.115% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0132% | 4h | 0.07448 | −0.027% | $189K | $23K | 50x |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER