Funding you earn now, next payment 09:00 UTC−0.0186%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.014%
Price spread now: ApeX Omni against Hyperliquid−0.130%104s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.447%+$45 · spread now −0.130%, 7d avg +0.008%
=Together, before fees+0.600%+ Points / potential airdropHyperliquid: Season 2 · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.152%, so the current rate has only just turned against you. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ADA | 0.2462 | 0.0286 | pay 0.0036% / 1h | 49m 35s | $43.2M | $18.5M | 10x |
| Short | ApeX Omni ADAUSDT | 0.2459 | 0.0100 | get 0.0013% / 1h | 49m 35s | $75K | $896K | 50x |
Hyperliquid ADA
ApeX Omni ADAUSDTFunding 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
- −$38.99
- Price spread: −0.130% → +0.008%
- −$13.75
- Slippage, 4 orders
- −$22.34
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$94.08
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; ApeX Omni: live order book, 49 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, 4 min ago | 1.01 bp | 5.9 bp −$6 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 6.13 bp | 13.2 bp −$13 | 36.9 bp −$369 | doesn't fit | doesn't fit |
ADA on 37 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) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2461 | −0.030% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.357% | $849 | $202K | 12x | as long as short |
| dYdX ADA-USD | +0.0064% | 1h | 0.2462 | −0.025% | $203K | $2K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2461 | −0.049% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2461 | −0.042% | $158K | $181K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2461 | −0.034% | $104.1M | $407.4M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2460 | −0.089% | $73.4M | $127.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2461 | −0.049% | $32.8M | $119.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2461 | −0.049% | $100.9M | $61.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | −0.089% | $58.9M | $67.4M | 300x | as long as short |
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
dYdX ADA-USD
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2460 | −0.089% | $29.5M | $15.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2461 | −0.049% | $66.8M | $54.1M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2461 | −0.049% | — | $20.3M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2463 | +0.036% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2458 | −0.159% | $66K | $288K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2459 | −0.134% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDTshort | +0.0100% | 1h | 0.2459 | −0.130% | $75K | $896K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2462 | −0.028% | $117K | $1.4M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2460 | −0.089% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2462 | −0.005% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.080% | $8K | $754K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2459 | −0.150% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.071% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2458 | −0.171% | $47.5M | $7.6M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0101% | 8h | 0.2461 | −0.049% | $190K | $7.8M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2461 | −0.033% | $506K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2462 | −0.020% | $21K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0152% | 1h | 0.2453 | −0.374% | $365K | $8.5M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2456 | −0.260% | $3K | $113K | 10x | as long as short |
| Lighter ADA | +0.0192% | 1h | 0.2463 | +0.020% | $2.4M | $997K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0198% | 1h | 0.2459 | −0.145% | $6.4M | $14.1M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0203% | 1h | 0.2459 | −0.134% | $142K | $485K | 15x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2461 | −0.049% | $4.5M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0272% | 1h | 0.2460 | −0.089% | $1K | — | 15x | as long as short |
| Hyperliquid ADAlong | +0.0286% | 1h | 0.2462 | long leg | $43.2M | $18.5M | 10x | |
| Deribit ADA_USDC-PERPETUAL | +0.0319% | 1h | 0.2460 | −0.093% | $638K | $739K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2459 | −0.138% | $87K | — | 100x | as long as short |
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Kalshi KXADAPERP
Extended ADA-USD
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTX
Phoenix ADA
Lighter ADA
Kraken Futures PF_ADAUSD
Backpack ADA_USDC_PERP
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]