Funding you earn now, next payment 09:00 UTC−0.0401%/8h= −44.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.108%
Price spread now: Hyperliquid against Reya−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hyperliquid is 0.021% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya APTRUSDPERP | 0.7729 | 0.0501 | pay 0.0063% / 1h | 53m 36s | $3K | — | 20x |
| Short | Hyperliquid APT | 0.7727 | 0.0100 | get 0.0013% / 1h | 53m 36s | $5.0M | $5.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Reya. 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
- −$84.31
- Price spread: −0.021% → 0.000%
- −$2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$101.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 8 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 Reya no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.65 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0059% | 8h | 0.7718 | −0.134% | $493K | $415K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7728 | −0.011% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0009% | 1h | 0.7725 | −0.047% | $20K | $597K | 50x | as long as short |
| Bybit APTUSDT | +0.0013% | 8h | 0.7719 | −0.124% | $27.5M | $36.6M | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7725 | −0.047% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.665% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7720 | −0.111% | $413K | $412K | 10x | as long as short |
| Hyperliquid APTshort | +0.0100% | 1h | 0.7727 | −0.021% | $5.0M | $5.8M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7724 | −0.064% | $92K | $883K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7722 | −0.086% | $28.2M | $94.1M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7721 | −0.099% | $5.8M | $23.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7719 | −0.124% | $2.6M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7723 | −0.073% | $31.5M | $13.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7718 | −0.137% | $4.8M | $10.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7725 | −0.047% | $8.7M | $11.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7723 | −0.073% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7726 | −0.034% | $183K | $294K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | −0.111% | $59K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7712 | −0.215% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7724 | −0.060% | $112 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7731 | +0.031% | $253K | $159K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7719 | −0.120% | $83K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7723 | −0.067% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7712 | −0.214% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7725 | −0.042% | $524K | $547K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7723 | −0.073% | $1.4M | $801K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7740 | +0.147% | $222K | $314K | 50x | as long as short |
| Reya APTRUSDPERPlong | +0.0501% | 1h | 0.7729 | long leg | $3K | — | 20x | |
| dYdX APT-USD | +0.0963% | 1h | 0.7719 | −0.119% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4016% | 1h | 0.7820 | +1.182% | $2K | — | 5x | as long as short |
Hyperliquid APT
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Bybit APTUSDT
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
01 Exchange APTUSD