Funding you earn now, next payment 00:00 UTC−0.0280%/8h= −30.7% APRnext payment −$1.40 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against MEXC+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.032%−$3 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 0.040% dearer against MEXC than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.032% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 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 | MEXC HYPER_USDT | 0.07417 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $258K | $128K | 20x |
| Short | Gate HYPER_USDT | 0.07420 | −0.0180 | pay 0.0090% / 4h | 1h 57m | $90K | $46K | 50x |
MEXC HYPER_USDT
Gate HYPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$58.8
- Price spread: +0.040% → 0.000%
- $4.04
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$73.76
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 15 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 MEXC live order book, 15 min ago | 0.67 bp | 10.6 bp −$11 | 69.9 bp −$699 | 216.5 bp −$21.7K | 552.7 bp −$276.3K |
| 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 | +0.040% | $90K | $46K | 50x | |
| KuCoin HYPERUSDTM | −0.0160% | 4h | 0.07406 | −0.148% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07423 | +0.088% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07429 | +0.165% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.054% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07429 | +0.162% | $1.1M | $704K | 25x | as long as short |
| MEXC HYPER_USDTlong | +0.0100% | 4h | 0.07417 | long leg | $258K | $128K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07415 | −0.027% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07410 | −0.092% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0129% | 4h | 0.07418 | +0.013% | $190K | $23K | 50x | as long as short |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT