Funding you earn now, next payment 00:00 UTC+0.0900%/8h= +98.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.277%
Price spread now: Hyperliquid against GMX+0.285%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Hyperliquid is 0.285% dearer against GMX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX 0G/USD [WBTC.b-USDC] | 0.2313 | L −0.0235% / S +0.0198% | get 0.0029% / 1h | 59m 01s | $2K | — | 100x |
| Short | Hyperliquid 0G | 0.2319 | 0.0665 | get 0.0083% / 1h | 59m 01s | $2.5M | $503K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. 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
- $188.96
- Price spread: +0.285% → 0.000%
- $28.49
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $196.45
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 2 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 2 min ago | 1.08 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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.
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0640% | 4h | 0.2317 | +0.181% | — | $6.6M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC]long | L −0.0235% / S +0.0198% | 1h | 0.2313 | long leg | $2K | — | 100x | |
| Aster 0GUSDT | +0.0100% | 4h | 0.2315 | +0.095% | $23K | $19K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2313 | +0.008% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2312 | −0.035% | $2.3M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2315 | +0.095% | $880K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2312 | −0.035% | $596K | $162K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2315 | +0.095% | $2.0M | $201K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2315 | +0.095% | $1.8M | $659K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2305 | −0.351% | $12K | $10K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2306 | −0.273% | $18K | $632K | 50x | as long as short |
| BloFin 0G-USDT | +0.0121% | 4h | 0.2312 | −0.035% | $324K | $9K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0224% | 4h | 0.2316 | +0.116% | $2.4M | $2.6M | 50x | as long as short |
| Hyperliquid 0Gshort | +0.0665% | 1h | 0.2319 | +0.285% | $2.5M | $503K | 3x | |
| Backpack 0G_USDC_PERP | +0.1140% | 1h | 0.2316 | +0.138% | $37K | $47K | 5x | as long as short |
| Lighter 0G | +0.1224% | 1h | 0.2317 | +0.181% | $44K | $100K | 3x | as long as short |
GMX 0G/USD [WBTC.b-USDC]
Hyperliquid 0G
BingX 0G-USDT
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Variational Omni 0G
ApeX Omni 0GUSDT
BloFin 0G-USDT
KuCoin 0GUSDTM
Backpack 0G_USDC_PERP
Lighter 0G