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: GMX against Hyperliquid−0.323%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.323% cheaper against Hyperliquid than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MEME | 0.0006200 | 0.0100 | pay 0.0013% / 1h | 20m 47s | $566K | $162K | 3x |
| Short | GMX MEME/USD [WBTC.b-USDC] | 0.0006180 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 20m 47s | — | — | 100x |
Hyperliquid MEME
GMX MEME/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$21
- Price spread: −0.323% → 0.000%
- −$32.26
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$74.26
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 19 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 19 min ago | 16.29 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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]short | L 0.0000% / S 0.0000% | 1h | 0.0006180 | −0.323% | — | — | 100x | |
| Hyperliquid MEMElong | +0.0100% | 1h | 0.0006200 | long leg | $566K | $162K | 3x | |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006199 | −0.013% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006197 | −0.048% | $1.3M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006196 | −0.065% | $630K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006187 | −0.210% | $434K | $81K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006198 | −0.032% | $854K | $390K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006192 | −0.129% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006190 | −0.161% | $445K | $757K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006193 | −0.113% | — | $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 | −0.113% | $128K | $6K | 50x | as long as short |
BloFin MEME-USDT