Funding you earn now, next payment 00:00 UTC+0.0434%/8h= +47.5% APRnext payment +$2.17 per $10,000 · paid last 24h +0.017%
Price spread now: Bitget against Gate0.000%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+0.040%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.17 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 | Gate HYPER_USDT | 0.07420 | −0.0334 | get 0.0167% / 4h | 2h 41m | $90K | $46K | 50x |
| Short | Bitget HYPERUSDT | 0.07420 | 0.0100 | get 0.0050% / 4h | 2h 41m | $310K | $262K | 50x |
Gate HYPER_USDT
Bitget HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $91.14
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $64.14
- Costs to cover
- 0.270%
- Break-even
- 2.1 days
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 42 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 Bitget live order book, 42 min ago | 4.71 bp | 34.7 bp −$35 | 109.7 bp −$1,097 | 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 | −0.0334% | 4h | 0.07420 | long leg | $90K | $46K | 50x | |
| KuCoin HYPERUSDTM | −0.0052% | 4h | 0.07413 | −0.094% | $131K | $93K | 30x | as long as short |
| BloFin HYPER-USDT | +0.0098% | 4h | 0.07409 | −0.148% | $190K | $22K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07419 | −0.018% | $72K | $122K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.014% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07415 | −0.067% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07417 | −0.040% | $1.2M | $705K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07414 | −0.081% | $257K | $130K | 20x | as long as short |
| Bitget HYPERUSDTshort | +0.0100% | 4h | 0.07420 | 0.000% | $310K | $262K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07413 | −0.094% | $7K | $1K | — | as long as short |
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Variational Omni HYPER