Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.055%
Price spread now: GMX against Hyperliquid−0.049%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
Funding pays, the price is against you. GMX is 0.049% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3416 | 0.0281 | pay 0.0035% / 1h | 17m 13s | $1.5M | $1.0M | 5x |
| Short | GMX STX/USD [WBTC.b-USDC] | 0.3415 | L +0.0191% / S −0.0313% | get 0.0039% / 1h | 17m 13s | $5K | — | 100x |
Hyperliquid STX
GMX STX/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
- $6.78
- Price spread: −0.049% → 0.000%
- −$4.89
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.11
- Costs to cover
- 0.210%
- Break-even
- 26.7 days
Slippage unknown: Hyperliquid: live order book, 3 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, 3 min ago | 1.17 bp | 14.8 bp −$15 | 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.
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 | −0.1367% | 1h | 0.3412 | −0.133% | $76K | $159K | 20x | as long as short |
| Variational Omni STX | −0.0556% | 8h | 0.3415 | −0.029% | $811K | $307K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3412 | −0.126% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3441 | +0.723% | $4K | $148K | 12x | as long as short |
| BloFin STX-USDT | +0.0099% | 8h | 0.3412 | −0.126% | $432K | $241K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3414 | −0.057% | $128K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3409 | −0.217% | $8.0M | $20.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3406 | −0.301% | $8.7M | $7.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3409 | −0.214% | $2.4M | $6.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3407 | −0.272% | $597K | $442K | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
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 | 0.3411 | −0.155% | $6.3M | $1.5M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3415 | −0.038% | $2.4M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3409 | −0.214% | $4.9M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3410 | −0.184% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3419 | +0.079% | $57K | $681K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3410 | −0.193% | $180K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC]short | L +0.0191% / S −0.0313% | 1h | 0.3415 | −0.049% | $5K | — | 100x | |
| Hyperliquid STXlong | +0.0281% | 1h | 0.3416 | long leg | $1.5M | $1.0M | 5x |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD