HYPER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0322%/8h= −35.3% APRnext payment −$1.61 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against Binance+0.044%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

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 0.044% dearer against Binance than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.032% in total) that is about 9.5 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 −$1.61 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	Binance HYPERUSDT	0.07417	0.0100	pay 0.0050% / 4h	2h 50m	$2.0M	$2.1M	50x
Short	Gate HYPER_USDT	0.07420	−0.0222	pay 0.0111% / 4h	2h 50m	$90K	$46K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.044%Rate

Funding earned: −$67.62
Price spread: +0.044% → 0.000%: $4.36
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88.26
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 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 Binance live order book, 14 min ago	2.02 bp	24.4 bp −$24	101.9 bp −$1,019	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	−0.0222%	4h	0.07420	+0.044%	$90K	$46K	50x
KuCoin HYPERUSDTM	+0.0012%	4h	0.07402	−0.199%	$131K	$93K	30x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07422	+0.068%	$72K	$121K	3x	as long as short
Aster HYPERUSDT	+0.0100%	4h	0.07421	+0.054%	$20K	$4K	5x	as long as short
Binance HYPERUSDTlong	+0.0100%	4h	0.07417	long leg	$2.0M	$2.1M	50x
Bybit HYPERUSDT	+0.0100%	4h	0.07411	−0.078%	$1.2M	$707K	25x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07417	+0.003%	$254K	$128K	20x	as long as short
Bitget HYPERUSDT	+0.0100%	4h	0.07421	+0.057%	$310K	$262K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07414	−0.043%	$7K	$1K	—	as long as short
BloFin HYPER-USDT	+0.0119%	4h	0.07411	−0.078%	$190K	$22K	50x	as long as short