Funding you earn now, next payment 00:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Gate−0.309%7-day average — · you buy dearer than you sell
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 pays, the price is against you. Binance is 0.309% cheaper against Gate than usual: you would sell low and buy high (spread −0.309% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 7.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.032% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYPER_USDT | 0.07440 | −0.0036 | get 0.0018% / 4h | 2h 58m | $91K | $46K | 50x |
| Short | Binance HYPERUSDT | 0.07417 | 0.0100 | get 0.0050% / 4h | 2h 58m | $2.0M | $2.1M | 50x |
Gate HYPER_USDT
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $28.56
- Price spread: −0.309% → 0.000%
- −$30.9
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.34
- Costs to cover
- 0.250%
- Break-even
- 13.7 days
Slippage unknown: Gate: no order-book sample; Binance: live order book, 6 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 2.02 bp | 24.0 bp −$24 | 108.2 bp −$1,082 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDTlong | −0.0036% | 4h | 0.07440 | long leg | $91K | $46K | 50x | |
| KuCoin HYPERUSDTM | +0.0098% | 4h | 0.07418 | −0.296% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07422 | −0.247% | $72K | $122K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07434 | −0.084% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07417 | −0.309% | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07416 | −0.323% | $1.2M | $712K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07419 | −0.282% | $254K | $128K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07428 | −0.161% | $310K | $266K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07438 | −0.032% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0141% | 4h | 0.07429 | −0.148% | $190K | $22K | 50x | as long as short |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT