Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Binance against Hyperliquid−0.083%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.083%, 7d avg −0.082%
=Together, before fees−0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APE | 0.1477 | 0.0100 | pay 0.0013% / 1h | 18m 54s | $1.3M | $378K | 5x |
| Short | Binance APEUSDT | 0.1475 | 0.0100 | get 0.0100% / 8h | 6h 18m | $4.1M | $6.6M | 50x |
Hyperliquid APE
Binance APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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: −0.083% → −0.082%
- −$0.14
- Slippage, 4 orders
- −$50.7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.84
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Binance: live order book, 5 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 Hyperliquid live order book, 2 min ago | 1.69 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.40 bp | 13.6 bp −$14 | 68.7 bp −$687 | 1082.9 bp −$108.3K | doesn't fit |
APE on 19 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 | −0.0224% | 1h | 0.1475 | −0.134% | $410K | $607K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1474 | −0.199% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.366% | — | — | — | as long as short |
| dYdX APE-USD | +0.0017% | 1h | 0.1474 | −0.166% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.684% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APElong | +0.0100% | 1h | 0.1477 | long leg | $1.3M | $378K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1475 | −0.142% | $123K | $22K | 10x | as long as short |
| Binance APEUSDTshort | +0.0100% | 8h | 0.1475 | −0.083% | $4.1M | $6.6M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1475 | −0.102% | $3.7M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1477 | +0.054% | $1.3M | $1.4M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1475 | −0.108% | $635K | $310K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1475 | −0.115% | $4.3M | $888K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1474 | −0.183% | $1.8M | $2.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1476 | −0.047% | $2.1M | $571K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1475 | −0.115% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1476 | −0.018% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1475 | −0.113% | $4K | $206K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0428% | 1h | 0.1475 | −0.115% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1484 | +0.494% | $100K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX