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
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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPERUSDT | 0.07481 | 0.0100 | pay 0.0050% / 4h | 33m 37s | $2.0M | $2.1M | 50x |
| Short | Gate HYPER_USDT | 0.07490 | 0.0096 | get 0.0048% / 4h | 33m 37s | $91K | $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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 2.01 bp | 21.2 bp −$21 | 88.5 bp −$885 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0146% | 4h | 0.07467 | −0.187% | $128K | $94K | 30x | as long as short |
| Gate HYPER_USDTshort | +0.0096% | 4h | 0.07490 | +0.120% | $91K | $46K | 50x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07487 | +0.079% | $71K | $120K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07482 | +0.012% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTlong | +0.0100% | 4h | 0.07481 | long leg | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07482 | +0.013% | $1.2M | $699K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07481 | 0.000% | $261K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07484 | +0.040% | $313K | $261K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07477 | −0.052% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0156% | 4h | 0.07478 | −0.040% | $191K | $23K | 50x | as long as short |
Binance HYPERUSDT
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT