Funding you earn now, next payment 23:00 UTC+0.0230%/8h= +25.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.040%
Price spread now: Hyperliquid against ApeX Omni+0.242%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.242%, 7d avg +0.058%
=Together, before fees−0.137%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.183% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XLMUSDT | 0.2194 | 0.0128 | pay 0.0016% / 1h | 42m 47s | $176K | $256K | 50x |
| Short | Hyperliquid XLM | 0.2199 | 0.0358 | get 0.0045% / 1h | 42m 47s | $12.5M | $6.0M | 5x |
ApeX Omni XLMUSDT
Hyperliquid XLMFunding 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
- $48.22
- Price spread: +0.242% → +0.058%
- $18.34
- Slippage, 4 orders
- −$21.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $26.28
- Costs to cover
- 0.403%
- Break-even
- 3.2 days
Slippage from ApeX Omni: live order book, 39 min ago; Hyperliquid: live order book, 10 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, 39 min ago | 2.79 bp | 12.4 bp −$12 | 89.1 bp −$891 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.38 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2195 | +0.047% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0013% | 1h | 0.2194 | +0.024% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2197 | +0.131% | $597K | $800K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2195 | +0.061% | $57.2M | $149.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2194 | +0.005% | $44.7M | $43.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2194 | +0.032% | $13.4M | $42.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2198 | +0.205% | $4.0M | $6.0M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2195 | +0.077% | $26.0M | $25.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2194 | +0.032% | $14.8M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2194 | +0.018% | $26.2M | $18.8M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2195 | +0.036% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2183 | −0.474% | $314K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2192 | −0.086% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2198 | +0.198% | $609K | $626K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2195 | +0.059% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2193 | −0.009% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2195 | +0.082% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2198 | +0.219% | $203K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2198 | +0.201% | $9.3M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2198 | +0.216% | $196K | $1.6M | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0128% | 1h | 0.2194 | long leg | $176K | $256K | 50x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2198 | +0.210% | $2.4M | $6.4M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2198 | +0.178% | $5K | $41K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0345% / S −0.0196% | 1h | 0.2194 | +0.010% | $50K | — | 100x | as long as short |
| Hyperliquid XLMshort | +0.0358% | 1h | 0.2199 | +0.242% | $12.5M | $6.0M | 5x | |
| Backpack XLM_USDC_PERP | +0.0398% | 1h | 0.2199 | +0.242% | $103K | $255K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2195 | +0.077% | $239K | $1.6M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −1.719% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0498% | 1h | 0.2196 | +0.115% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0664% | 1h | 0.2198 | +0.196% | $425K | $812K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0707% | 1h | 0.2197 | +0.160% | $545K | $174K | 25x | as long as short |
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL