Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Gate+0.177%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.177%, 7d avg +0.088%
=Together, before fees−0.044%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.090% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APE_USDT | 0.1467 | 0.0100 | pay 0.0100% / 8h | 4h 58m | $631K | $302K | 50x |
| Short | Hyperliquid APE | 0.1470 | 0.0100 | get 0.0013% / 1h | 58m 14s | $1.3M | $364K | 5x |
Gate APE_USDT
Hyperliquid APEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $0
- Price spread: +0.177% → +0.088%
- $8.95
- Slippage, 4 orders
- −$59.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$74.88
- Costs to cover
- 0.838%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; Hyperliquid: live order book, 2 min ago.
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 Gate live order book, 63 min ago | 7.13 bp | 20.6 bp −$21 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.02 bp | 26.0 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1466 | −0.056% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1468 | +0.068% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.815% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1466 | −0.068% | $11K | $18K | 25x | as long as short |
| Kraken Futures PF_APEUSD | +0.0011% | 1h | 0.1466 | −0.044% | $404K | $611K | 20x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.067% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1470 | +0.177% | $1.3M | $364K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1468 | +0.042% | $122K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1466 | −0.049% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1466 | −0.075% | $3.6M | $3.0M | 50x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Kraken Futures PF_APEUSD
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1465 | −0.136% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDTlong | +0.0100% | 8h | 0.1467 | long leg | $631K | $302K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | 0.000% | $4.4M | $860K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1467 | 0.000% | $1.8M | $2.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1468 | +0.068% | $2.1M | $547K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | 0.000% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1468 | +0.058% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | +0.003% | $4K | $206K | 10x | as long as short |
| BloFin APE-USDT | +0.0220% | 8h | 0.1466 | −0.068% | $220K | $56K | 75x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0856% | 1h | 0.1483 | +1.091% | $100K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX