Funding you earn now, next payment 23:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.017%
Price spread now: Gate against Hyperliquid+0.042%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−0.033%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.042% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.033% in total) that is about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07457 | 0.0100 | pay 0.0013% / 1h | 41m 34s | $72K | $121K | 3x |
| Short | Gate HYPER_USDT | 0.07460 | −0.0072 | pay 0.0036% / 4h | 1h 41m | $91K | $46K | 50x |
Hyperliquid HYPER
Gate HYPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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
- −$36.12
- Price spread: +0.042% → 0.000%
- $4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.96
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 28 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 Hyperliquid live order book, 28 min ago | 1.55 bp | doesn't fit | doesn't fit | 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 | −0.0144% | 4h | 0.07441 | −0.213% | $131K | $92K | 30x | as long as short |
| Gate HYPER_USDTshort | −0.0072% | 4h | 0.07460 | +0.042% | $91K | $46K | 50x | |
| BloFin HYPER-USDT | +0.0063% | 4h | 0.07434 | −0.307% | $189K | $23K | 50x | as long as short |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07457 | long leg | $72K | $121K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07461 | +0.060% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07457 | +0.004% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07461 | +0.055% | $1.2M | $707K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07460 | +0.042% | $259K | $129K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07461 | +0.055% | $311K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07431 | −0.343% | $7K | $1K | — | as long as short |
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER