Funding you earn now, next payment 06:00 UTC−0.0091%/8h= −9.9% APRnext payment −$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against GMX+0.212%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
The price spread pays, funding is against you. Hyperliquid is 0.212% dearer against GMX than usual: you sell high and buy low (spread +0.212% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX STX/USD [WBTC.b-USDC] | 0.3486 | L +0.0191% / S −0.0304% | pay 0.0024% / 1h | 32m 01s | $5K | — | 100x |
| Short | Hyperliquid STX | 0.3493 | 0.0100 | get 0.0013% / 1h | 32m 01s | $1.5M | $765K | 5x |
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STXFunding 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
- −$19.05
- Price spread: +0.212% → 0.000%
- $21.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$18.83
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 9 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, 9 min ago | 3.04 bp | 18.4 bp −$18 | 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.
STX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.0728% | 1h | 0.3482 | −0.118% | $74K | $113K | 20x | as long as short |
| Variational Omni STX | −0.0158% | 8h | 0.3468 | −0.506% | $796K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3485 | −0.028% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.663% | $4K | $264K | 12x | as long as short |
| Hyperliquid STXshort | +0.0100% | 1h | 0.3493 | +0.212% | $1.5M | $765K | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3486 | +0.009% | $131K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3487 | +0.025% | $8.2M | $18.3M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3486 | −0.009% | $9.0M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3491 | +0.141% | $2.4M | $5.8M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3480 | −0.175% | $628K | $399K | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3485 | −0.032% | $6.1M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3485 | −0.032% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3487 | +0.026% | $4.8M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3488 | +0.055% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3491 | +0.141% | $61K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3484 | −0.051% | $185K | $1.1M | 10x | as long as short |
| BloFin STX-USDT | +0.0114% | 8h | 0.3485 | −0.032% | $427K | $224K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC]long | L +0.0191% / S −0.0304% | 1h | 0.3486 | long leg | $5K | — | 100x |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT