Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.078%
Price spread now: Hyperliquid against Bitget+0.212%7-day average +0.188% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.212%, 7d avg +0.188%
=Together, before fees+0.261%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.188%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.0320 | 0.0100 | pay 0.0100% / 8h | 4h 57m | $417K | $207K | 50x |
| Short | Hyperliquid GMX | 8.0490 | 0.0104 | get 0.0013% / 1h | 57m 20s | $898K | $153K | 3x |
Bitget GMXUSDT
Hyperliquid GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $0.9
- Price spread: +0.212% → +0.188%
- $2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.72
- Costs to cover
- 0.210%
- Break-even
- 145.6 days
Slippage unknown: Bitget: live order book, 58 min ago; Hyperliquid: live order book, 43 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 Bitget live order book, 58 min ago | 8.10 bp | 33.8 bp −$34 | 193.8 bp −$1,938 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 43 min ago | 2.86 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
GMX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GMX/USDC PERP | −0.5000% | 1h | 7.5800 | −5.627% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0390 | +0.088% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0420 | +0.125% | $834K | $243K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0530 | +0.261% | $296K | $499K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0400 | +0.100% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0320 | 0.000% | $377K | $176K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0000 | −0.398% | $160K | $54K | 30x | as long as short |
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.0320 | long leg | $417K | $207K | 50x | |
| BingX GMX-USDT | +0.0100% | 8h | 8.0350 | +0.037% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0419 | +0.123% | $21K | $54K | — | as long as short |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
BingX GMX-USDT
Variational Omni GMXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GMXshort | +0.0104% | 1h | 8.0490 | +0.212% | $898K | $153K | 3x | |
| BloFin GMX-USDT | +0.0111% | 8h | 8.0460 | +0.174% | $110K | $26K | 50x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0426 | +0.131% | $33K | $463 | 10x | as long as short |
| Lighter GMX | +0.0240% | 1h | 8.0531 | +0.263% | $76K | $90K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0369 | +0.061% | $394K | — | 100x | as long as short |
BloFin GMX-USDT
Kraken Futures PF_GMXUSD
Lighter GMX
GMX GMX/USD [GMX-USDC]