All BNB pairs

BNB funding carry: Gate.io vs Hyperliquid

Entering and exiting this pair costs 24 bps of notional at taker fees (1 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

This pair is not in the ranking right now: at current funding it does not clear the round-trip cost above. That is the normal state — a pair is worth trading only in the windows where funding pays more than the entry.

Last 30 days

Above its costs
21.7% of the time
Net APY when above costs
19.04%
Net APY when below costs
-3.05%
Best single hour
86.74%

Measured on 420 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Gate.io 7.5 -1 BNB_USDT
Hyperliquid 4.5 1.5 BNB

Other BNB pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 420h (17d) 18h
10% 210h (8d) 9h
20% 105h (4d) 4h
50% 42h 2h