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

ANIME

all ANIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0397%/8h= −43.4% APRnext payment $0.50 per $10,000 · paid last 24h +9.056%
Price spread now: Hyperliquid against GMX+0.060%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 0.060% dearer against GMX than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ANIME/USD [ANIME-USDC]0.003336L +0.0497% / S −0.2017%pay 0.0062% / 1h43m 12s$816100x
ShortHyperliquid ANIME0.0033380.0100get 0.0013% / 1h43m 12s$291K$84K3x

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
−$83.32
Price spread: +0.060% → 0.000%
$6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$98.33
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 26 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, 26 min ago1.50 bp33.3 bp −$33doesn'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.

ANIME on 13 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_ANIMEUSD−0.0041%1h0.003337+0.043%$33K$1K10xas long as short
Hyperliquid ANIMEshort+0.0100%1h0.003338+0.060%$291K$84K3x
Aster ANIMEUSDT+0.0100%4h0.003344+0.236%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.003339+0.091%$1.3M$1.6M20xas long as short
Bybit ANIMEUSDT+0.0100%4h0.003341+0.150%$684K$269K25xas long as short
OKX ANIME-USDT-SWAP+0.0100%4h0.0033360.000%$428K$507K20xas long as short
Gate ANIME_USDT+0.0100%4h0.0033360.000%$139K$55K25xas long as short
MEXC ANIME_USDT+0.0100%4h0.003340+0.120%$206K$88K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003342+0.180%$437K$58K20xas long as short
Bitget ANIMEUSDT+0.0100%4h0.003339+0.090%$854K$149K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDT+0.0100%4h0.003340+0.120%$6.5Mas long as short
Variational Omni ANIME+0.0100%4h0.003341+0.147%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]longL +0.0497% / S −0.2017%1h0.003336long leg$816100x