Funding you earn now, next payment 23:00 UTC−0.0335%/8h= −36.7% APRnext payment −$0.42 per $10,000 · paid last 24h −0.009%
Price spread now: Hyperliquid against Deribit+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Hyperliquid is 0.116% dearer against Deribit than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APE_USDC-PERPETUAL | 0.1460 | 0.0435 | pay 0.0054% / 1h | 55m 52s | $11K | $18K | 25x |
| Short | Hyperliquid APE | 0.1462 | 0.0100 | get 0.0013% / 1h | 55m 52s | $1.3M | $371K | 5x |
Deribit APE_USDC-PERPETUAL
Hyperliquid APEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. 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
- −$70.43
- Price spread: +0.116% → 0.000%
- $11.64
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$74.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 5 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 1.03 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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.
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0429% | 1h | 0.1459 | −0.063% | $409K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1459 | −0.058% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.410% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.616% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1462 | +0.116% | $1.3M | $371K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1457 | −0.180% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1460 | −0.032% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1458 | −0.110% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1460 | +0.014% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1457 | −0.178% | $629K | $290K | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.068% | $3.8M | $843K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1457 | −0.205% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1458 | −0.137% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1458 | −0.137% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1457 | −0.199% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1459 | −0.051% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDT | +0.0106% | 8h | 0.1456 | −0.274% | $222K | $48K | 75x | as long as short |
| Deribit APE_USDC-PERPETUALlong | +0.0435% | 1h | 0.1460 | long leg | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1470 | +0.685% | $99K | $7K | 25x | as long as short |
| dYdX APE-USD | +0.0714% | 1h | 0.1455 | −0.365% | $9K | $5 | 5x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX
dYdX APE-USD