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Funding arb · Price arb /

HYPER

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Gate+0.173%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on GateShort on KuCoin
What this pair did over the last
the charts below follow
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
The price spread pays, funding is against you. KuCoin is 0.173% dearer against Gate than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 7 days (−0.214% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HYPER_USDT0.075200.0100pay 0.0050% / 4h1h 37m$87K$48K50x
ShortKuCoin HYPERUSDTM0.07533−0.0214pay 0.0107% / 4h1h 37m$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

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$65.94
Price spread: +0.173% → 0.000%
$17.29
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.65
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 51 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, 51 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−0.0214%4h0.07533+0.173%$107K$103K30x
BloFin HYPER-USDT+0.0070%4h0.075200.000%$194K$21K50xas long as short
Hyperliquid HYPER+0.0100%1h0.07535+0.202%$72K$133K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07534+0.190%$21K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07536+0.213%$2.0M$2.2M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07524+0.053%$1.2M$825K25xas long as short
Gate HYPER_USDTlong+0.0100%4h0.07520long leg$87K$48K50x
MEXC HYPER_USDT+0.0100%4h0.075200.000%$239K$130K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07540+0.266%$313K$283K50xas long as short
Variational Omni HYPER+0.0100%4h0.07533+0.167%$6K$1K—as long as short