Funding you earn now, next payment 04:00 UTC+0.0776%/8h= +85.0% APRnext payment +$0.97 per $10,000 · paid last 24h +0.079%
Price spread now: Hyperliquid against GMX+0.311%7-day average — · 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)—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
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Hyperliquid is 0.311% dearer against GMX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX KAS/USD [WBTC.b-USDC] | 0.04277 | L +0.0282% / S −0.5451% | pay 0.0035% / 1h | 54m 32s | $11K | — | 100x |
| Short | Hyperliquid KAS | 0.04290 | 0.1058 | get 0.0132% / 1h | 54m 32s | $2.8M | $1.1M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $163.01
- Price spread: +0.311% → 0.000%
- $31.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $173.11
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago | 6.28 bp | 29.7 bp −$30 | doesn't fit | 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.
KAS 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0001% | 1h | 0.04278 | +0.023% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +1.962% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04288 | +0.253% | $252K | $167K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04281 | +0.091% | $4.1M | $12.6M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04276 | −0.026% | $10.6M | $7.7M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04277 | −0.002% | $2.1M | $1.8M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04281 | +0.091% | $28.5M | $4.7M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04283 | +0.140% | $4.2M | $7.2M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04277 | −0.002% | $11.7M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04277 | −0.002% | — | $67.7M | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04281 | +0.098% | $25K | $20K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC]long | L +0.0282% / S −0.5451% | 1h | 0.04277 | long leg | $11K | — | 100x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04280 | +0.068% | $382K | $292K | 75x | as long as short |
| Hyperliquid KASshort | +0.1058% | 1h | 0.04290 | +0.311% | $2.8M | $1.1M | 3x | |
| Kraken Futures PF_KASUSD | +0.1206% | 1h | 0.04281 | +0.098% | $306K | $503K | 20x | as long as short |
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
BloFin KAS-USDT
Kraken Futures PF_KASUSD