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

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against Binance+0.120%7-day average · you sell dearer than you buy
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−0.032%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.120% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPERUSDT0.074810.0100pay 0.0050% / 4h33m 37s$2.0M$2.1M50x
ShortGate HYPER_USDT0.074900.0096get 0.0048% / 4h33m 37s$91K$46K50x

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

Funding earned
−$0.84
Price spread: +0.120% → 0.000%
$12.03
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$13.81
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago2.01 bp21.2 bp −$2188.5 bp −$885doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTM−0.0146%4h0.07467−0.187%$128K$94K30xas long as short
Gate HYPER_USDTshort+0.0096%4h0.07490+0.120%$91K$46K50x
Hyperliquid HYPER+0.0100%1h0.07487+0.079%$71K$120K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07482+0.012%$20K$4K5xas long as short
Binance HYPERUSDTlong+0.0100%4h0.07481long leg$2.0M$2.1M50x
Bybit HYPERUSDT+0.0100%4h0.07482+0.013%$1.2M$699K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.074810.000%$261K$131K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07484+0.040%$313K$261K50xas long as short
Variational Omni HYPER+0.0100%4h0.07477−0.052%$6K$1Kas long as short
BloFin HYPER-USDT+0.0156%4h0.07478−0.040%$191K$23K50xas long as short