Funding you earn now, next payment 22:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.058%
Price spread now: Hyperliquid against ApeX Omni−0.072%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.072%, 7d avg −0.025%
=Together, before fees−0.067%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.025%). If the spread goes back, that is −$5 on $10k: about 33 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.004% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BNBUSDT | 806.36 | 0.0100 | pay 0.0013% / 1h | 13m 33s | $159K | $437K | 50x |
| Short | Hyperliquid BNB | 805.78 | 0.0214 | get 0.0027% / 1h | 13m 33s | $52.0M | $21.9M | 10x |
ApeX Omni BNBUSDT
Hyperliquid BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $23.96
- Price spread: −0.072% → −0.025%
- −$4.69
- Slippage, 4 orders
- −$11.93
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.66
- Costs to cover
- 0.309%
- Break-even
- 10.4 days
Slippage from ApeX Omni: live order book, 9 min ago; Hyperliquid: live order book, 10 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 ApeX Omni live order book, 9 min ago | 3.47 bp | 11.5 bp −$12 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.06 bp | 5.1 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 806.00 | −0.045% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.58 | +0.027% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 807.11 | +0.093% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.60 | +0.030% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.10 | −0.032% | $871K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 806.03 | −0.041% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 806.13 | −0.028% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0050% | 8h | 805.71 | −0.080% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 805.68 | −0.084% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0079% | 8h | 804.72 | −0.203% | $139.7M | $82.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 806.90 | +0.067% | $610K | $883K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 805.85 | −0.063% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0098% | 8h | 805.78 | −0.072% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.35 | −0.125% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.93 | −0.054% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.80 | −0.193% | $55.2M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 806.10 | −0.032% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.50 | −0.107% | $36.1M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.52 | −0.104% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.56 | −0.223% | $79.0M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.79 | +0.054% | $4.2M | $77.2M | 30x | as long as short |
| ApeX Omni BNBUSDTlong | +0.0100% | 1h | 806.36 | long leg | $159K | $437K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 805.13 | −0.153% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 806.05 | −0.038% | $389K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 806.26 | −0.012% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.59 | +0.029% | $14K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 806.50 | +0.018% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 806.22 | −0.018% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 806.31 | −0.007% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 805.25 | −0.138% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 806.15 | −0.026% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0114% | 8h | 806.60 | +0.030% | $84.7M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0115% | 8h | 805.70 | −0.082% | $520.8M | $805.9M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 806.89 | +0.066% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0128% | 8h | 806.69 | +0.041% | $70.4M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0197% | 1h | 806.20 | −0.020% | $396K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.89 | −0.059% | $1.2M | $1.5M | 20x | as long as short |
| Hyperliquid BNBshort | +0.0214% | 1h | 805.78 | −0.072% | $52.0M | $21.9M | 10x | |
| Bulk BNB-USD | +0.0217% | 1h | 806.94 | +0.072% | $652K | $11K | 10x | as long as short |
| BloFin BNB-USDT | +0.0234% | 8h | 807.00 | +0.079% | $18.8M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0237% | 1h | 805.64 | −0.089% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 806.29 | −0.009% | $71K | $48K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.70 | −0.206% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 806.38 | +0.002% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.182% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0651% | 1h | 807.02 | +0.082% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
RISEx BNB/USDC
Bulk BNB-USD
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
Reya BNBRUSDPERP
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP