All HYPE pairs

HYPE funding carry: Bybit vs Gate.io

Entering and exiting this pair costs 26 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
8.57%
Break-even
107.66h
Net positive for
41m
  • Net positive for only 41 min — needs ~107.66h to break even on entry/exit costs.
Short
bybit perp
HYPE/USDT
Trade on bybit
Long
gate perp
HYPE/USDT
Trade on gate

Last 30 days

Above its costs
2.8% of the time
Net APY when above costs
5.70%
Net APY when below costs
-5.79%
Best single hour
96.91%

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Bybit 5.5 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% 456h (19d) 35h
10% 228h (9d) 18h
20% 114h (4d) 9h
50% 46h 4h