All HYPE pairs

HYPE funding carry: Gate.io vs KuCoin

Entering and exiting this pair costs 27 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
23.65%
Net APY on $10k
3.66%
Break-even
141.98h
Net positive for
2m
  • Net positive for only 2 min — needs ~141.98h to break even on entry/exit costs.
  • Thin net (below threshold at the reference profile)
Short
kucoin perp
HYPE/USDT
Trade on kucoin
Long
gate perp
HYPE/USDT
Trade on gate

Last 30 days

Above its costs
5.7% of the time
Net APY when above costs
5.62%
Net APY when below costs
-6.47%
Best single hour
92.98%

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Gate.io 7.5 -1 HYPE_USDT
KuCoin 6 2 HYPEUSDTM

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% 473h (19d) 35h
10% 237h (9d) 18h
20% 118h (4d) 9h
50% 47h 4h