Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.018%
Price spread now: Hyperliquid against GMX+0.071%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 0.071% dearer against GMX than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APT/USD [ETH-USDC] | 0.7695 | L +0.0136% / S −0.0090% | pay 0.0017% / 1h | 40m 59s | $16K | — | 100x |
| Short | Hyperliquid APT | 0.7700 | 0.0100 | get 0.0013% / 1h | 40m 59s | $4.8M | $5.9M | 10x |
GMX APT/USD [ETH-USDC]
Hyperliquid APTFunding 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
- −$7.59
- Price spread: +0.071% → 0.000%
- $7.06
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.53
- 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 | 0.65 bp | 10.6 bp −$11 | 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.
APT on 30 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_APTUSD | −0.0441% | 1h | 0.7699 | +0.057% | $524K | $571K | 50x | as long as short |
| Variational Omni APT | −0.0026% | 8h | 0.7677 | −0.228% | $491K | $418K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7698 | +0.045% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7696 | +0.019% | $20K | $600K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7695 | +0.006% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.110% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7692 | −0.033% | $412K | $420K | 10x | as long as short |
| Hyperliquid APTshort | +0.0100% | 1h | 0.7700 | +0.071% | $4.8M | $5.9M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7696 | +0.019% | $92K | $888K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7694 | −0.008% | $27.9M | $98.0M | 75x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7689 | −0.072% | $27.4M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7687 | −0.098% | $5.7M | $23.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7694 | −0.007% | $2.6M | $4.5M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7695 | +0.006% | $30.8M | $14.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7690 | −0.059% | $4.9M | $11.5M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7692 | −0.033% | $8.6M | $12.0M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7696 | +0.019% | — | $25.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7699 | +0.058% | $174K | $299K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7680 | −0.189% | $59K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7681 | −0.176% | $5K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7692 | −0.033% | $98 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7693 | −0.020% | $252K | $178K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7689 | −0.070% | $82K | $633K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7690 | −0.059% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]long | L +0.0136% / S −0.0090% | 1h | 0.7695 | long leg | $16K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7698 | +0.045% | $1.4M | $802K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7700 | +0.071% | $222K | $319K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0499% | 1h | 0.7690 | −0.053% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0959% | 1h | 0.7697 | +0.038% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4944% | 1h | 0.7790 | +1.240% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD