Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Gate against Hyperliquid−0.178%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.178%, 7d avg −0.081%
=Together, before fees+0.109%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 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: Gate is 0.097% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APE | 0.1463 | 0.0100 | pay 0.0013% / 1h | 3m 14s | $1.3M | $368K | 5x |
| Short | Gate APE_USDT | 0.1460 | 0.0100 | get 0.0100% / 8h | 1h 03m | $630K | $294K | 50x |
Hyperliquid APE
Gate APE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.178% → −0.081%
- −$9.69
- Slippage, 4 orders
- −$62.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$96.12
- Costs to cover
- 0.864%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Gate: live order book, 13 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, 7 min ago | 1.03 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 3.42 bp | 21.2 bp −$21 | 183.0 bp −$1,830 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0428% | 1h | 0.1460 | −0.183% | $406K | $575K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1460 | −0.206% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.563% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1460 | −0.178% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.784% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0100% | 8h | 0.1456 | −0.451% | $220K | $48K | 75x | as long as short |
| Hyperliquid APElong | +0.0100% | 1h | 0.1463 | long leg | $1.3M | $368K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | −0.179% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1460 | −0.190% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1460 | −0.185% | $3.6M | $2.6M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
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 | 0.1461 | −0.123% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDTshort | +0.0100% | 8h | 0.1460 | −0.178% | $630K | $294K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.246% | $4.1M | $904K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1459 | −0.246% | $1.8M | $1.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1460 | −0.178% | $2.1M | $532K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | −0.178% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.331% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1460 | −0.210% | $4K | $220K | 10x | as long as short |
| dYdX APE-USD | +0.0245% | 1h | 0.1459 | −0.257% | $9K | $5 | 5x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1462 | −0.041% | $98K | $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
dYdX APE-USD
Coinbase International APE-PERP-INTX