Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.065%
Price spread now: ApeX Omni against Hyperliquid+0.131%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 3 days (all we have)+0.205%+$21 · spread now +0.131%, 7d avg −0.087%
=Together, before fees+0.053%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.218% dearer against Hyperliquid than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SPX | 0.5053 | 0.0100 | pay 0.0013% / 1h | 35m 05s | $9.9M | $7.7M | 5x |
| Short | ApeX Omni SPXUSDT | 0.5060 | 0.0100 | get 0.0013% / 1h | 35m 05s | $45K | $246K | 25x |
Hyperliquid SPX
ApeX Omni SPXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0
- Price spread: +0.131% → −0.087%
- $21.79
- Slippage, 4 orders
- −$53.84
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$51.05
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; ApeX Omni: live order book, 41 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 Hyperliquid live order book, 7 min ago | 3.15 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 41 min ago | 9.04 bp | 18.5 bp −$18 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.1179% | 1h | 0.5055 | +0.032% | $240K | $560K | 20x | as long as short |
| Variational Omni SPX | −0.0019% | 4h | 0.5052 | −0.029% | $845K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.472% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5048 | −0.103% | $116K | $319K | 5x | as long as short |
| Hyperliquid SPXlong | +0.0100% | 1h | 0.5053 | long leg | $9.9M | $7.7M | 5x | |
| Aster SPXUSDT | +0.0100% | 4h | 0.5055 | +0.037% | $129K | $109K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5051 | −0.047% | $5.0M | $21.0M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5040 | −0.265% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5047 | −0.127% | $961K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5048 | −0.107% | $1.0M | $499K | 50x | as long as short |
Kraken Futures PF_SPXUSD
Variational Omni SPX
Injective SPX/USDC PERP
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5046 | −0.146% | $11.1M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5046 | −0.146% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5053 | −0.008% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5043 | −0.206% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDTshort | +0.0100% | 1h | 0.5060 | +0.131% | $45K | $246K | 25x | |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5053 | −0.008% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5041 | −0.245% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5044 | −0.192% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5046 | −0.146% | $247K | $983K | 75x | as long as short |
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT