Funding you earn now, next payment 23:00 UTC−0.0155%/8h= −17.0% APRnext payment −$0.19 per $10,000 · paid last 24h +0.006%
Price spread now: Hyperliquid against GMX+0.141%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Hyperliquid is 0.141% dearer against GMX than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ASTER/USD [WBTC.b-USDC] | 0.7424 | L +0.0305% / S −0.0215% | pay 0.0038% / 1h | 2m 57s | $28K | — | 100x |
| Short | Hyperliquid ASTER | 0.7434 | 0.0149 | get 0.0019% / 1h | 2m 57s | $25.8M | $6.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. 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
- −$32.63
- Price spread: +0.141% → 0.000%
- $14.12
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.52
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 10 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 0.40 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
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.
ASTER on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ASTER-PERP-INTX | −0.0136% | 1h | 0.7406 | −0.235% | $260K | $839K | 50x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7423 | −0.004% | $56.7M | $99.8M | 200x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | 0.0000% | 1h | 0.7424 | +0.011% | $11K | $87K | 25x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0007% | 1h | 0.7423 | −0.002% | $30K | — | 150x | as long as short |
| Injective ASTER/USDC PERP | +0.0023% | 1h | 0.7390 | −0.453% | $9 | $133K | 5.5x | as long as short |
| dYdX ASTER-USD | +0.0050% | 1h | 0.7422 | −0.022% | $13K | $61 | 5x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7428 | +0.059% | $921K | $882K | 5x | as long as short |
| Nado ASTER-PERP | +0.0100% | 1h | 0.7425 | +0.019% | $372K | $269K | 5x | as long as short |
| Pacifica ASTER | +0.0100% | 1h | 0.7427 | +0.046% | $255K | $107K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7427 | +0.046% | $91.0M | $106.9M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ASTERUSDT | +0.0100% | 4h | 0.7427 | +0.046% | $49.7M | $21.8M | 75x | as long as short |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7427 | +0.046% | $12.0M | $18.6M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7425 | +0.019% | $6.3M | $5.0M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7428 | +0.059% | $34.8M | $16.4M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7426 | +0.036% | $11.0M | $3.1M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7428 | +0.059% | $18.2M | $6.4M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7426 | +0.032% | — | $9.6M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7427 | +0.046% | $264K | $326K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7413 | −0.136% | $2.1M | $366K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7419 | −0.067% | $457K | $3.8M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7414 | −0.130% | $66K | $717K | 50x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0100% | 4h | 0.7422 | −0.022% | $14K | $845 | 10x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7433 | +0.126% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7425 | +0.019% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7425 | +0.019% | $243K | $119K | 20x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7424 | −0.001% | $378K | $635K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0110% | 4h | 0.7418 | −0.079% | $214K | $1.9M | 10x | as long as short |
| 01 Exchange ASTERUSD | +0.0144% | 1h | 0.7428 | +0.059% | $8K | $4K | 10x | as long as short |
| Kraken Futures PF_ASTERUSD | +0.0146% | 1h | 0.7432 | +0.110% | $336K | $489K | 20x | as long as short |
| Hyperliquid ASTERshort | +0.0149% | 1h | 0.7434 | +0.141% | $25.8M | $6.8M | 5x | |
| GMX ASTER/USD [WBTC.b-USDC]long | L +0.0305% / S −0.0215% | 1h | 0.7424 | long leg | $28K | — | 100x | |
| BloFin ASTER-USDT | +0.0340% | 4h | 0.7426 | +0.032% | $3.5M | $1.9M | 75x | as long as short |
GMX ASTER/USD [WBTC.b-USDC]
Hyperliquid ASTER
Coinbase International ASTER-PERP-INTX
Aster ASTERUSDT
Deribit ASTER_USDC-PERPETUAL
gTrade (Gains Network) ASTER/USD
Injective ASTER/USDC PERP
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
Bybit ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
ApeX Omni ASTERUSDT
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Extended ASTER-USD
edgeX ASTERUSDC
01 Exchange ASTERUSD
Kraken Futures PF_ASTERUSD
BloFin ASTER-USDT