Funding you earn now, next payment 02:00 UTC+0.0780%/8h= +85.4% APRnext payment +$0.98 per $10,000 · paid last 24h +0.184%
Price spread now: Coinbase International against Hyperliquid+0.020%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.635%+$63 on $10k
+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 +$23 a day on $10k at the current rate, and Coinbase International is 0.020% dearer against Hyperliquid than usual: you sell high and buy low: +$2 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 | Hyperliquid APE | 0.1482 | 0.0100 | pay 0.0013% / 1h | 34m 58s | $1.3M | $372K | 5x |
| Short | Coinbase International APE-PERP-INTX | 0.1482 | 0.0880 | get 0.0110% / 1h | 34m 58s | $100K | $7K | 25x |
Hyperliquid APE
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $163.8
- Price spread: +0.020% → 0.000%
- $2.02
- Slippage, 4 orders
- −$76.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $70.16
- Costs to cover
- 0.957%
- Break-even
- 4.0 days
Slippage from Hyperliquid: live order book, 6 min ago; Coinbase International: live order book, 88 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, 6 min ago | 1.70 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 88 min ago | 13.51 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1480 | −0.124% | $410K | $604K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1479 | −0.206% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.648% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.999% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0054% | 1h | 0.1477 | −0.287% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0071% | 8h | 0.1482 | +0.020% | $222K | $54K | 75x | as long as short |
| Hyperliquid APElong | +0.0100% | 1h | 0.1482 | long leg | $1.3M | $372K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1479 | −0.215% | $123K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1480 | −0.095% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1480 | −0.088% | $3.7M | $3.0M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1480 | −0.115% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1479 | −0.175% | $637K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1480 | −0.115% | $4.3M | $849K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1478 | −0.250% | $1.8M | $2.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1480 | −0.115% | $2.1M | $544K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1480 | −0.115% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1476 | −0.377% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1480 | −0.122% | $8K | $205K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0426% | 1h | 0.1480 | −0.115% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXshort | +0.0880% | 1h | 0.1482 | +0.020% | $100K | $7K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL