Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.073%
Price spread now: Hyperliquid against Gate+0.510%7-day average +0.364% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.510%, 7d avg +0.364%
=Together, before fees−0.013%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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 0.146% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.364%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMX_USDT | 8.0160 | 0.0100 | pay 0.0100% / 8h | 1h 24m | $198K | $78K | 33x |
| Short | Hyperliquid GMX | 8.0569 | 0.0100 | get 0.0013% / 1h | 24m 26s | $921K | $170K | 3x |
Gate GMX_USDT
Hyperliquid GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- Price spread: +0.510% → +0.364%
- $14.63
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$9.37
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 52 min ago; Hyperliquid: live order book, 56 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 Gate live order book, 52 min ago | 3.10 bp | 351.1 bp −$351 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 56 min ago | 0.86 bp | 22.3 bp −$22 | 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 | 7.5700 | −5.564% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.1098% | 1h | 8.0396 | +0.295% | $33K | $571 | 10x | as long as short |
| Lighter GMX | +0.0096% | 1h | 8.0581 | +0.525% | $77K | $93K | 5x | as long as short |
| Hyperliquid GMXshort | +0.0100% | 1h | 8.0569 | +0.510% | $921K | $170K | 3x | |
| Binance GMXUSDT | +0.0100% | 8h | 8.0462 | +0.376% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0410 | +0.312% | $838K | $267K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0400 | +0.299% | $296K | $542K | 20x | as long as short |
| Gate GMX_USDTlong | +0.0100% | 8h | 8.0160 | long leg | $198K | $78K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0460 | +0.374% | $395K | $173K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0530 | +0.462% | $182K | $39K | 30x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Lighter GMX
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDT | +0.0100% | 8h | 8.0370 | +0.262% | $408K | $193K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0380 | +0.274% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0255 | +0.118% | $21K | $55K | — | as long as short |
| BloFin GMX-USDT | +0.0127% | 8h | 8.0350 | +0.237% | $110K | $30K | 50x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0434 | +0.341% | $394K | — | 100x | as long as short |
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
BloFin GMX-USDT
GMX GMX/USD [GMX-USDC]