Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.009%
Price spread now: Hyperliquid against Deribit+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.061% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APE_USDC-PERPETUAL | 0.1467 | 0 | get 0.0000% / 1h | 24m 05s | $11K | $18K | 25x |
| Short | Hyperliquid APE | 0.1468 | 0.0100 | get 0.0013% / 1h | 24m 05s | $1.3M | $370K | 5x |
Deribit APE_USDC-PERPETUAL
Hyperliquid APEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. 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
- $21
- Price spread: +0.061% → 0.000%
- $6.13
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $11.13
- Costs to cover
- 0.160%
- Break-even
- 3.3 days
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 6 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 1.71 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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.
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1467 | −0.014% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.815% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUALlong | 0.0000% | 1h | 0.1467 | long leg | $11K | $18K | 25x | |
| dYdX APE-USD | +0.0030% | 1h | 0.1465 | −0.127% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.067% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1468 | +0.061% | $1.3M | $370K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | +0.012% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | −0.034% | $4.2M | $6.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1468 | +0.041% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | 0.000% | $1.3M | $1.3M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1467 | +0.020% | $633K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | 0.000% | $3.8M | $866K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1467 | 0.000% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1469 | +0.136% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | 0.000% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | −0.027% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1466 | −0.045% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDT | +0.0116% | 8h | 0.1465 | −0.136% | $223K | $47K | 75x | as long as short |
| Kraken Futures PF_APEUSD | +0.0155% | 1h | 0.1467 | −0.033% | $411K | $571K | 20x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0648% | 1h | 0.1470 | +0.204% | $99K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD
Coinbase International APE-PERP-INTX