Funding you earn now, next payment 06:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.065%
Price spread now: ApeX Omni against GMX+0.106%7-day average −0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.106%, 7d avg −0.018%
=The price spread pays, funding is against you. ApeX Omni is 0.124% dearer against GMX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.018%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HYPE/USD [WBTC.b-USDC] | 93.433 | L +0.0332% / S −0.0154% | pay 0.0042% / 1h | 55m 24s | $1.4M | — | 100x |
| Short | ApeX Omni HYPEUSDT | 93.532 | 0.0100 | get 0.0013% / 1h | 55m 24s | $343K | $1.0M | 50x |
GMX HYPE/USD [WBTC.b-USDC]
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$48.74
- Price spread: +0.106% → −0.018%
- $12.38
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$58.35
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 4 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 4 min ago | 2.03 bp | 8.9 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
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.
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1904% | 1h | 93.383 | −0.053% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0360% | 1h | 93.438 | +0.005% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0158% | 1h | 93.388 | −0.047% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.530 | +0.104% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.442 | +0.010% | $87K | $365K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0037% | 4h | 93.554 | +0.130% | $146K | $663K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.530 | +0.104% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.466 | +0.035% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.439 | +0.006% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.413 | −0.021% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0014% | 1h | 93.540 | +0.115% | $705K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0020% | 8h | 93.499 | +0.071% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0022% | 4h | 93.424 | −0.009% | $226.1M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0026% | 8h | 93.407 | −0.028% | $317.7M | $283.6M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | +0.121% | $209K | $1.2M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0092% | 4h | 93.577 | +0.155% | $5.0M | $29.9M | 30x | as long as short |
| Bluefin HYPE-PERP | +0.0092% | 1h | 93.553 | +0.129% | $79K | $167K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.489 | +0.060% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.481 | +0.052% | $16.1M | $62.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.522 | +0.096% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.427 | −0.006% | $76K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0096% | 4h | 93.440 | +0.008% | $46.3M | $53.8M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.440 | +0.008% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.412 | −0.023% | $7.0M | $47.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.467 | +0.037% | $2.04B | $667.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.447 | +0.016% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.499 | +0.071% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.457 | +0.026% | $374.8M | $910.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.411 | −0.023% | $114.8M | $308.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.328 | −0.112% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.418 | −0.016% | $92.1M | $80.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.448 | +0.016% | $46.1M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.417 | −0.017% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.578 | +0.156% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.529 | +0.103% | $28.7M | $56.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.637 | +0.218% | $7.6M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0100% | 1h | 93.532 | +0.106% | $343K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.573 | +0.150% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.504 | +0.076% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.442 | +0.010% | $490K | $2.7M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.544 | +0.119% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.549 | +0.124% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.563 | +0.139% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.800 | +0.393% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.411 | −0.023% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.566 | +0.143% | $396K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.410 | −0.024% | $30K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0137% | 8h | 93.633 | +0.214% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.720 | +0.307% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.406 | −0.029% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC]long | L +0.0332% / S −0.0154% | 1h | 93.433 | long leg | $1.4M | — | 100x | |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.642 | +0.224% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.618 | +0.199% | $20.9M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0391% | 1h | 93.649 | +0.231% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.504 | +0.077% | $3.2M | $6.3M | 20x | as long as short |
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
edgeX HYPEUSDC
Bluefin HYPE-PERP
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Gate HYPE_USDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC