Settings8H · net · $10k
Funding arb · Price arb /

HYPER

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SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.214%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HYPER_USDT0.075900.0100pay 0.0050% / 4h1h 22m$88K$48K50x
ShortKuCoin HYPERUSDTM0.07581−0.0146pay 0.0073% / 4h1h 22m$107K$103K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell KuCoin live order book, 66 min ago21.15 bp226.6 bp −$227doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTMshort−0.0146%4h0.07581−0.119%$107K$103K30x
BloFin HYPER-USDT+0.0042%4h0.07577−0.171%$195K$21K50xas long as short
Hyperliquid HYPER+0.0100%1h0.07594+0.046%$72K$133K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07596+0.080%$21K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07591+0.019%$2.1M$2.2M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07591+0.013%$1.2M$831K25xas long as short
Gate HYPER_USDTlong+0.0100%4h0.07590long leg$88K$48K50x
MEXC HYPER_USDT+0.0100%4h0.075900.000%$239K$131K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07591+0.013%$316K$283K50xas long as short
Variational Omni HYPER+0.0100%4h0.07556−0.449%$6K$1Kas long as short