All HYPE pairs

HYPE funding carry: Binance vs Gate.io

Entering and exiting this pair costs 25 bps of notional at taker fees (2 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
23.87%
Net APY on $10k
9.41%
Break-even
101.75h
Net positive for
48m
  • Net positive for only 48 min — needs ~101.75h to break even on entry/exit costs.
Short
binance perp
HYPE/USDT
Trade on binance
Long
gate perp
HYPE/USDT
Trade on gate

Last 30 days

Above its costs
5.7% of the time
Net APY when above costs
10.85%
Net APY when below costs
-5.14%
Best single hour
104.83%

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Binance 5 2 HYPEUSDT
Gate.io 7.5 -1 HYPE_USDT

Other HYPE 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% 438h (18d) 35h
10% 219h (9d) 18h
20% 110h (4d) 9h
50% 44h 4h