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

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.017%
Price spread now: Hyperliquid against Gate+0.004%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+0.033%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds 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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HYPER_USDT0.07450−0.0072get 0.0036% / 4h1h 41m$90K$46K50x
ShortHyperliquid HYPER0.074500.0100get 0.0013% / 1h41m 27s$72K$121K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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
$36.12
Price spread: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$12.52
Costs to cover
0.240%
Break-even
4.6 days
Slippage unknown: Gate: no order-book sample; Hyperliquid: live order book, 28 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 Hyperliquid live order book, 28 min ago1.55 bp19.2 bp −$19doesn'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 HYPERUSDTM−0.0144%4h0.07441−0.121%$132K$92K30xas long as short
Gate HYPER_USDTlong−0.0072%4h0.07450long leg$90K$46K50x
BloFin HYPER-USDT+0.0063%4h0.07434−0.215%$189K$23K50xas long as short
Hyperliquid HYPERshort+0.0100%1h0.07450+0.004%$72K$121K3x
Aster HYPERUSDT+0.0100%4h0.07461+0.151%$20K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07451+0.020%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07461+0.148%$1.2M$707K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07455+0.067%$259K$129K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07457+0.094%$311K$262K50xas long as short
Variational Omni HYPER+0.0100%4h0.07431−0.251%$7K$1Kas long as short