Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Hyperliquid against GMX+0.324%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 +$3 a day on $10k at the current rate, and Hyperliquid is 0.324% dearer against GMX than usual: you sell high and buy low: +$32 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 MEME/USD [WBTC.b-USDC] | 0.0006180 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 20m 42s | — | — | 100x |
| Short | Hyperliquid MEME | 0.0006200 | 0.0100 | get 0.0013% / 1h | 20m 42s | $566K | $162K | 3x |
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEMEFunding 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
- $21
- Price spread: +0.324% → 0.000%
- $32.36
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $32.36
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 19 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, 19 min ago | 16.29 bp | 31.6 bp −$32 | 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.
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC]long | L 0.0000% / S 0.0000% | 1h | 0.0006180 | long leg | — | — | 100x | |
| Hyperliquid MEMEshort | +0.0100% | 1h | 0.0006200 | +0.324% | $566K | $162K | 3x | |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006200 | +0.324% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006198 | +0.291% | $1.3M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006191 | +0.178% | $630K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006187 | +0.113% | $434K | $81K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006201 | +0.340% | $858K | $391K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006192 | +0.194% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006190 | +0.162% | $445K | $757K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006197 | +0.275% | — | $2.4M | — | as long as short |
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDT | +0.0149% | 4h | 0.0006193 | +0.210% | $128K | $6K | 50x | as long as short |
BloFin MEME-USDT