Funding you earn now, next payment 03:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against GMX+0.108%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 0.108% dearer against GMX than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XLM/USD [WBTC.b-USDC] | 0.2126 | L +0.0517% / S −0.0193% | pay 0.0065% / 1h | 41m 57s | $44K | — | 100x |
| Short | Hyperliquid XLM | 0.2128 | 0.0443 | get 0.0055% / 1h | 41m 57s | $12.3M | $6.2M | 5x |
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLMFunding 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
- −$15.55
- Price spread: +0.108% → 0.000%
- $10.82
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.73
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 11 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, 11 min ago | 0.23 bp | 5.2 bp −$5 | 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.
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 | 0.2126 | +0.026% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2129 | +0.155% | $358K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | −0.177% | $54.4M | $153.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2122 | −0.198% | $42.9M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.278% | $12.6M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2122 | −0.160% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2122 | −0.198% | $23.8M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2121 | −0.216% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2122 | −0.169% | $25.5M | $20.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | −0.216% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2126 | +0.019% | $93K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2114 | −0.554% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2118 | −0.371% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | −0.541% | $585K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | −0.353% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | +0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2126 | −0.009% | $2K | $1.6M | 20x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2127 | +0.052% | $196K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2127 | +0.056% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2122 | −0.187% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0109% | 8h | 0.2127 | +0.032% | $566K | $624K | 75x | as long as short |
| SoDEX XLM-USD | +0.0111% | 1h | 0.2127 | +0.042% | $2K | $6K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2126 | 0.000% | $2.3M | $5.0M | 75x | as long as short |
| dYdX XLM-USD | +0.0227% | 1h | 0.2127 | +0.033% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2116 | −0.447% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0443% | 1h | 0.2128 | +0.108% | $12.3M | $6.2M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0462% | 1h | 0.2127 | +0.058% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2125 | −0.024% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]long | L +0.0517% / S −0.0193% | 1h | 0.2126 | long leg | $44K | — | 100x | |
| Deribit XLM_USDC-PERPETUAL | +0.0691% | 1h | 0.2128 | +0.085% | $528K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.042% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
SoDEX XLM-USD
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP