Funding you earn now, next payment 07:00 UTC−0.1555%/8h= −170.3% APRnext payment −$1.94 per $10,000 · paid last 24h −0.453%
Price spread now: ApeX Omni against Hyperliquid−0.169%7-day average −0.360% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1731.725% of the position
Funding, last 7 days−0.751%−$75 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.169%, 7d avg −0.360%
=Together, before fees−0.832%+ Points / potential airdropHyperliquid: Season 2 · farm board−$83 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.191% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.169% now, against its 7-day average of −0.360%): +$19 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.751% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.751% in total (about -39.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HMSTR | 0.0001780 | 0.1655 | pay 0.0207% / 1h | 8m 42s | $2.0M | $112K | 3x |
| Short | ApeX Omni HMSTRUSDT | 0.0001777 | 0.0100 | get 0.0013% / 1h | 8m 42s | $13K | $604K | 50x |
Hyperliquid HMSTR
ApeX Omni HMSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$326.63
- Price spread: −0.169% → −0.360%
- $19.11
- Slippage, 4 orders
- −$153.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$480.02
- Costs to cover
- 1.725%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; ApeX Omni: live order book, 34 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 Hyperliquid live order book, 2 min ago | 28.01 bp | 81.4 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 11.24 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
HMSTR on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HMSTR-USDT | +0.0070% | 4h | 0.0001778 | −0.112% | — | $1.3M | — | as long as short |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001778 | −0.101% | $33K | $6K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001778 | −0.112% | $2.2M | $1.9M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001778 | −0.112% | $1.5M | $593K | 25x | as long as short |
| OKX HMSTR-USDT-SWAP | +0.0100% | 4h | 0.0001779 | −0.056% | $624K | $725K | 10x | as long as short |
| Gate HMSTR_USDT | +0.0100% | 4h | 0.0001778 | −0.112% | $414K | $245K | 25x | as long as short |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001777 | −0.169% | $386K | $117K | 50x | as long as short |
| KuCoin HMSTRUSDTM | +0.0100% | 4h | 0.0001779 | −0.056% | $253K | $57K | 10x | as long as short |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001778 | −0.103% | $2K | $919 | — | as long as short |
| ApeX Omni HMSTRUSDTshort | +0.0100% | 1h | 0.0001777 | −0.169% | $13K | $604K | 50x |
BingX HMSTR-USDT
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
OKX HMSTR-USDT-SWAP
Gate HMSTR_USDT
MEXC HMSTR_USDT
KuCoin HMSTRUSDTM
Variational Omni HMSTRShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended kHMSTR-USD | +0.0104% | 1h | 0.0001778 | −0.140% | $927 | — | 5x | as long as short |
| Hyperliquid HMSTRlong | +0.1655% | 1h | 0.0001780 | long leg | $2.0M | $112K | 3x | |
| Kraken Futures PF_HMSTRUSD | +0.3179% | 1h | 0.0001782 | +0.089% | $10K | $6K | 10x | as long as short |
Extended kHMSTR-USD
Kraken Futures PF_HMSTRUSD