Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.226%
Price spread now: Hyperliquid against ApeX Omni+0.150%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days+0.520%+$52 on $10k
+Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.150%, 7d avg +0.165%
=Together, before fees+0.308%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.165%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.07074 | 0.0100 | pay 0.0013% / 1h | 35m 28s | $20K | $679K | 50x |
| Short | Hyperliquid SKY | 0.07085 | 0.0200 | get 0.0025% / 1h | 35m 28s | $3.0M | $902K | 3x |
ApeX Omni SKYUSDT
Hyperliquid SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $20.98
- Price spread: +0.150% → +0.165%
- −$1.55
- Slippage, 4 orders
- −$39.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.39
- Costs to cover
- 0.588%
- Break-even
- 20.1 days
Slippage from ApeX Omni: live order book, 43 min ago; Hyperliquid: live order book, 6 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 ApeX Omni live order book, 43 min ago | 8.46 bp | 16.7 bp −$17 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.94 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0648% | 4h | 0.07059 | −0.216% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0251% | 4h | 0.07059 | −0.212% | $7.6M | $3.3M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07069 | −0.071% | $185K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07071 | −0.039% | $70K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07075 | +0.007% | $43K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07073 | −0.014% | $16.0M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07065 | −0.127% | $849K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07061 | −0.184% | $602K | $255K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07068 | −0.085% | $1.1M | $285K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07076 | +0.028% | $424K | $290K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07074 | 0.000% | $2.9M | $1.8M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07067 | −0.099% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.07074 | long leg | $20K | $679K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07072 | −0.021% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0115% | 4h | 0.07075 | +0.014% | $594K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.385% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKYshort | +0.0200% | 1h | 0.07085 | +0.150% | $3.0M | $902K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07071 | −0.038% | $84K | — | 50x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Injective SKY/USDC PERP
GMX SKY/USD [ETH-USDC]