Funding you earn now, next payment 02:00 UTC−0.1276%/8h= −139.7% APRnext payment −$1.59 per $10,000 · paid last 24h −0.183%
Price spread now: ApeX Omni against Hyperliquid−0.173%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
Funding, last 7 days−0.653%−$65 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.173%, 7d avg −0.215%
=Together, before fees−0.661%+ Points / potential airdropHyperliquid: Season 2 · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.042% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.173% now, against its 7-day average of −0.215%): +$4 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.653% in total) that is about 11 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.653% in total (about -34.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.59 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 | Hyperliquid 0G | 0.2313 | 0.1376 | pay 0.0172% / 1h | 59m 31s | $2.5M | $511K | 3x |
| Short | ApeX Omni 0GUSDT | 0.2309 | 0.0100 | get 0.0013% / 1h | 59m 31s | $18K | $624K | 50x |
Hyperliquid 0G
ApeX Omni 0GUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$267.89
- Price spread: −0.173% → −0.215%
- $4.18
- Slippage, 4 orders
- −$84.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$367.54
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 1 min ago; ApeX Omni: live order book, 3 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 Hyperliquid live order book, 1 min ago | 1.51 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 10.81 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
0G on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.1554% | 4h | 0.2311 | −0.086% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2306 | −0.316% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2308 | −0.197% | $18K | $42K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2310 | −0.130% | $6.8M | $9.1M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2307 | −0.259% | $2.3M | $2.4M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2311 | −0.086% | $893K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2308 | −0.216% | $597K | $144K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2309 | −0.173% | $2.0M | $191K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0100% | 4h | 0.2312 | −0.052% | $2.4M | $2.5M | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2311 | −0.086% | $1.9M | $733K | 50x | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
KuCoin 0GUSDTM
Bitget 0GUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 0G | +0.0100% | 4h | 0.2308 | −0.212% | $13K | $3K | — | as long as short |
| ApeX Omni 0GUSDTshort | +0.0100% | 1h | 0.2309 | −0.173% | $18K | $624K | 50x | |
| Backpack 0G_USDC_PERP | +0.0497% | 1h | 0.2308 | −0.216% | $31K | $50K | 5x | as long as short |
| Lighter 0G | +0.1072% | 1h | 0.2315 | +0.086% | $48K | $104K | 3x | as long as short |
| Hyperliquid 0Glong | +0.1376% | 1h | 0.2313 | long leg | $2.5M | $511K | 3x |
Variational Omni 0G
Backpack 0G_USDC_PERP
Lighter 0G