Settings8H · net · $10k
Funding arb · Price arb /

AIXBT

all AIXBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0171%/8h= −18.7% APRnext payment $0.21 per $10,000 · paid last 24h −0.044%
Price spread now: Hyperliquid against GMX+0.110%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.110% dearer against GMX than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AIXBT/USD [ETH-USDC]0.02278L +0.0271% / S −0.0486%pay 0.0034% / 1h42m 15s$5K100x
ShortHyperliquid AIXBT0.022800.0100get 0.0013% / 1h42m 15s$389K$204K3x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$35.95
Price spread: +0.110% → 0.000%
$10.97
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$45.97
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 28 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Hyperliquid live order book, 28 min ago1.94 bp21.3 bp −$21doesn't fitdoesn't fitdoesn'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.

AIXBT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AIXBTUSD−0.1414%1h0.02277−0.035%$19K$5K10xas long as short
Variational Omni AIXBT−0.0074%4h0.02294+0.685%$100K$10Kas long as short
Hyperliquid AIXBTshort+0.0100%1h0.02280+0.110%$389K$204K3x
Binance AIXBTUSDT+0.0100%4h0.02278−0.014%$2.4M$3.5M50xas long as short
Bybit AIXBTUSDT+0.0100%4h0.02276−0.088%$1.2M$1.1M25xas long as short
OKX AIXBT-USDT-SWAP+0.0100%4h0.02276−0.088%$470K$1.6M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.022780.000%$212K$88K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02279+0.044%$682K$239K100xas long as short
KuCoin AIXBTUSDTM+0.0100%4h0.02279+0.044%$1.2M$1.4M30xas long as short
Bitget AIXBTUSDT+0.0100%4h0.02280+0.088%$648K$569K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AIXBT-USDT+0.0100%4h0.02277−0.044%$6.6Mas long as short
BloFin AIXBT-USDT+0.0151%4h0.02286+0.351%$120K$80K50xas long as short
GMX AIXBT/USD [ETH-USDC]longL +0.0271% / S −0.0486%1h0.02278long leg$5K100x
Reya AIXBTRUSDPERP+0.0372%1h0.02277−0.046%as long as short