Funding you earn now, next payment 21:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: GMX against Hyperliquid−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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. GMX is 0.073% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APT | 0.7740 | 0.0100 | pay 0.0013% / 1h | 4m 37s | $5.9M | $5.2M | 10x |
| Short | GMX APT/USD [ETH-USDC] | 0.7734 | L +0.0189% / S −0.0143% | get 0.0018% / 1h | 4m 37s | $17K | — | 100x |
Hyperliquid APT
GMX APT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $9.01
- Price spread: −0.073% → 0.000%
- −$7.3
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.29
- Costs to cover
- 0.210%
- Break-even
- 22.0 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: 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, 7 min ago | 1.29 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0336% | 1h | 0.7718 | −0.284% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0242% | 1h | 0.7735 | −0.066% | $535K | $606K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0138% | 1h | 0.7734 | −0.078% | $16K | $328K | 50x | as long as short |
| Variational Omni APT | −0.0112% | 8h | 0.7737 | −0.043% | $606K | $223K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7734 | −0.078% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7739 | −0.013% | $21K | — | 150x | as long as short |
| Bybit APTUSDT | +0.0067% | 8h | 0.7727 | −0.168% | $28.8M | $35.7M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7730 | −0.129% | $441K | $322K | 10x | as long as short |
| Hyperliquid APTlong | +0.0100% | 1h | 0.7740 | long leg | $5.9M | $5.2M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7735 | −0.068% | $301K | $456K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Bybit APTUSDT
Lighter APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7730 | −0.129% | $28.6M | $96.3M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7728 | −0.155% | $6.1M | $22.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7729 | −0.142% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7730 | −0.129% | $27.8M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7727 | −0.168% | $5.5M | $11.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7730 | −0.129% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7729 | −0.142% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7736 | −0.052% | $196K | $369K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | 0.000% | $64K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7717 | −0.297% | $5K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7732 | −0.103% | $62 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7740 | 0.000% | $262K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7728 | −0.158% | $82K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7732 | −0.104% | $24K | — | 3x | as long as short |
| Injective APT/USDC PERP | +0.0175% | 1h | 0.7650 | −1.163% | $2K | $169K | 12x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0189% / S −0.0143% | 1h | 0.7734 | −0.073% | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7736 | −0.052% | $1.5M | $766K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0248% | 1h | 0.7746 | +0.078% | $209K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0461% | 1h | 0.7733 | −0.092% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0841% | 1h | 0.7734 | −0.075% | $54K | $5K | 10x | as long as short |
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Injective APT/USDC PERP
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD