Funding you earn now, next payment 03:00 UTC+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.012%
Price spread now: Deribit against Hyperliquid−0.081%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Deribit is 0.081% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 20 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APE | 0.1473 | 0.0100 | pay 0.0013% / 1h | 45m 37s | $1.3M | $372K | 5x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1472 | 0.0430 | get 0.0054% / 1h | 45m 37s | $11K | $18K | 25x |
Hyperliquid APE
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $69.26
- Price spread: −0.081% → 0.000%
- −$8.15
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $45.11
- Costs to cover
- 0.160%
- Break-even
- 2.4 days
Slippage unknown: Hyperliquid: live order book, 5 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 5 min ago | 1.02 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.0179% | 1h | 0.1471 | −0.169% | $407K | $601K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1471 | −0.170% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.170% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.462% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0073% | 1h | 0.1471 | −0.129% | $9K | $5 | 5x | as long as short |
| Hyperliquid APElong | +0.0100% | 1h | 0.1473 | long leg | $1.3M | $372K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | −0.144% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1471 | −0.132% | $4.1M | $6.5M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1471 | −0.122% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1473 | −0.027% | $1.3M | $1.4M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1471 | −0.122% | $633K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1471 | −0.149% | $4.3M | $849K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1472 | −0.081% | $1.8M | $2.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1472 | −0.081% | $2.1M | $548K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1472 | −0.081% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.153% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | −0.151% | $8K | $203K | 10x | as long as short |
| BloFin APE-USDT | +0.0128% | 8h | 0.1474 | +0.054% | — | $54K | 75x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0430% | 1h | 0.1472 | −0.081% | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0880% | 1h | 0.1477 | +0.258% | $99K | $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
BloFin APE-USDT
Coinbase International APE-PERP-INTX