Settings8H · net · $10k
Funding arb · Price arb /

APEX

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.366%
Price spread now: Hyperliquid against Variational Omni+0.035%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.035% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APEX0.25410.0100pay 0.0050% / 4h2h 32m$19K$5K
ShortHyperliquid APEX0.25410.0474get 0.0059% / 1h32m 33s$2.9M$109K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$78.56
Price spread: +0.035% → 0.000%
$3.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$73.08
Costs to cover
0.090%
Break-even
0.5 days
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Hyperliquid live order book, 9 min ago4.69 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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.

APEX on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APEX-USDT+0.0052%4h0.2541+0.015%$95K$3K25xas long as short
Bybit APEXUSDT+0.0100%4h0.2534−0.260%$3.5M$1.2M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2535−0.221%$601K$250K50xas long as short
BingX APEX-USDT+0.0100%4h0.2541+0.015%$1.3Mas long as short
Variational Omni APEXlong+0.0100%4h0.2541long leg$19K$5K
ApeX Omni APEXUSDT+0.0100%1h0.2586+1.787%$138K$378K50xas long as short
Hyperliquid APEXshort+0.0474%1h0.2541+0.035%$2.9M$109K3x
Lighter APEX+0.0608%1h0.2548+0.275%$58K$24K5xas long as short