Funding you earn now, next payment 04:00 UTC−0.0246%/8h= −26.9% APRnext payment −$1.23 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Gate−0.119%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−0.214%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.119% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYPER_USDT | 0.07590 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $88K | $48K | 50x |
| Short | KuCoin HYPERUSDTM | 0.07581 | −0.0146 | pay 0.0073% / 4h | 1h 22m | $107K | $103K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$51.66
- Price spread: −0.119% → 0.000%
- −$11.86
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90.52
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 66 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 KuCoin live order book, 66 min ago | 21.15 bp | 226.6 bp −$227 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMshort | −0.0146% | 4h | 0.07581 | −0.119% | $107K | $103K | 30x | |
| BloFin HYPER-USDT | +0.0042% | 4h | 0.07577 | −0.171% | $195K | $21K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07594 | +0.046% | $72K | $133K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07596 | +0.080% | $21K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07591 | +0.019% | $2.1M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07591 | +0.013% | $1.2M | $831K | 25x | as long as short |
| Gate HYPER_USDTlong | +0.0100% | 4h | 0.07590 | long leg | $88K | $48K | 50x | |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07590 | 0.000% | $239K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07591 | +0.013% | $316K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07556 | −0.449% | $6K | $1K | — | as long as short |
Gate HYPER_USDT
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER