Funding you earn now, next payment 07:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.056%
Price spread now: Hyperliquid against ApeX Omni−0.036%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)+0.308%+$31 · spread now −0.036%, 7d avg +0.032%
=Together, before fees+0.496%+ Points / potential airdropHyperliquid: Season 2 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.032%). If the spread goes back, that is −$7 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni UNIUSDT | 8.8820 | 0.0100 | pay 0.0013% / 1h | 8m 39s | $89K | $710K | 50x |
| Short | Hyperliquid UNI | 8.8788 | 0.0159 | get 0.0020% / 1h | 8m 39s | $94.4M | $67.5M | 10x |
Funding 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
- $12.4
- Price spread: −0.036% → +0.032%
- −$6.85
- Slippage, 4 orders
- −$24.24
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$37.68
- Costs to cover
- 0.432%
- Break-even
- 28.3 days
Slippage from ApeX Omni: live order book, 35 min ago; Hyperliquid: live order book, 5 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, 35 min ago | 6.16 bp | 13.5 bp −$13 | 97.6 bp −$976 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.79 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps UNI-USD | −0.0092% | 1h | 8.8731 | −0.100% | $106K | $618K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8727 | −0.105% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8698 | −0.137% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8801 | −0.021% | $49K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0005% | 1h | 8.8735 | −0.096% | $585K | $250K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.585% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0044% | 1h | 8.8710 | −0.124% | $737K | $4.7M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8762 | −0.065% | $4.5M | $5.7M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8606 | −0.241% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8692 | −0.144% | $727K | $3.6M | 50x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8660 | −0.180% | $284K | $590K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8637 | −0.206% | $214.0M | $656.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8610 | −0.236% | $98.2M | $111.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8620 | −0.225% | $53.9M | $263.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8710 | −0.124% | $316K | $695K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8650 | −0.191% | $25.1M | $66.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8650 | −0.191% | $48.5M | $26.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8650 | −0.191% | $13.0M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8630 | −0.214% | $32.4M | $45.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8620 | −0.225% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8751 | −0.078% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8779 | −0.047% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8835 | +0.016% | $168K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8780 | −0.045% | $621K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDTlong | +0.0100% | 1h | 8.8820 | long leg | $89K | $710K | 50x | |
| StandX UNI-USD | +0.0100% | 1h | 8.8770 | −0.056% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8710 | −0.124% | $16K | $2.0M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8746 | −0.083% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8665 | −0.175% | $32K | $887K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8784 | −0.041% | $695K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8700 | −0.135% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8595 | −0.253% | $292K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8675 | −0.163% | $31K | — | 3x | as long as short |
| Hyperliquid UNIshort | +0.0159% | 1h | 8.8788 | −0.036% | $94.4M | $67.5M | 10x | |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.8730 | −0.101% | $924K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8740 | −0.090% | $10.0M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0351% | 1h | 8.8664 | −0.176% | $233K | $30K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0379% | 1h | 8.8657 | −0.184% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8796 | −0.027% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0511% | 1h | 8.8906 | +0.097% | $949 | $53K | 10x | as long as short |
ApeX Omni UNIUSDT
Hyperliquid UNI
Polymarket Perps UNI-USD
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
StandX UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD