Funding you earn now, next payment 04:00 UTC+0.0912%/8h= +99.8% APRnext payment +$1.14 per $10,000 · paid last 24h +0.313%
Price spread now: GMX against Hyperliquid−0.025%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 0.025% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$27 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1843 | 0.0100 | pay 0.0013% / 1h | 5m 14s | $5.3M | $3.3M | 10x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1840 | L +0.0302% / S −0.1012% | get 0.0126% / 1h | 5m 14s | $22K | — | 100x |
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
- $191.42
- Price spread: −0.025% → 0.000%
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $167.9
- Costs to cover
- 0.210%
- Break-even
- 0.9 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 | 1.68 bp | 7.7 bp −$8 | 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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1856% | 1h | 1.1847 | +0.034% | $225K | $121K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1850 | +0.059% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1834 | −0.073% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1839 | −0.035% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1840 | −0.027% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.495% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1844 | +0.006% | $268K | $636K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1843 | long leg | $5.3M | $3.3M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1853 | +0.082% | $845K | $597K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1838 | −0.040% | $43.6M | $85.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1837 | −0.051% | $24.3M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1835 | −0.068% | $9.4M | $24.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1840 | −0.025% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1841 | −0.017% | $30.0M | $53.5M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1841 | −0.017% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1834 | −0.076% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1838 | −0.042% | — | $29.7M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1836 | −0.059% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1833 | −0.081% | $538K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1849 | +0.049% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1850 | +0.059% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | −0.025% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1857 | +0.118% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1842 | −0.008% | $257K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1834 | −0.077% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0144% | 8h | 1.1850 | +0.059% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1845 | +0.016% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1845 | +0.017% | $2.2M | $899K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0302% / S −0.1012% | 1h | 1.1840 | −0.025% | $22K | — | 100x |
Hyperliquid DOT
GMX DOT/USD [WBTC.b-USDC]
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT