Funding you earn now, next payment 22:00 UTC+0.0683%/8h= +74.8% APRnext payment +$0.85 per $10,000 · paid last 24h +0.365%
Price spread now: GMX against Hyperliquid+0.067%7-day average −0.121% · 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)+1.073%+$107 on $10k
+Price spread, last 3 days (all we have)−0.249%−$25 · spread now +0.067%, 7d avg −0.121%
=Together, before fees+0.824%+ Points / potential airdropHyperliquid: Season 2 · farm board+$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GMX is 0.189% dearer against Hyperliquid than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 0.9796 | 0.0076 | pay 0.0010% / 1h | 11m 42s | $8.6M | $9.5M | 5x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9802 | L +0.0623% / S −0.0759% | get 0.0095% / 1h | 11m 42s | $217K | — | 100x |
Hyperliquid FIL
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $143.51
- Price spread: +0.067% → −0.121%
- $18.86
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $141.37
- Costs to cover
- 0.210%
- Break-even
- 0.1 days
Slippage unknown: Hyperliquid: live order book, 11 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 11 min ago | 0.66 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1583% | 1h | 0.9804 | +0.087% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9801 | +0.056% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | −0.0336% | 1h | 0.9788 | −0.075% | $156K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.618% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0039% | 8h | 0.9795 | −0.005% | $15.4M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0032% | 8h | 0.9792 | −0.036% | $10.7M | $21.6M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9803 | +0.078% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9803 | +0.081% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0015% | 8h | 0.9791 | −0.046% | $18.1M | $95.4M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9796 | +0.005% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FIL | +0.0029% | 8h | 0.9843 | +0.485% | $437K | $276K | — | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.556% | $2K | $182K | 12x | as long as short |
| Hyperliquid FILlong | +0.0076% | 1h | 0.9796 | long leg | $8.6M | $9.5M | 5x | |
| Extended FIL-USD | +0.0088% | 1h | 0.9792 | −0.034% | $685K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0089% | 8h | 0.9793 | −0.024% | $56.3M | $174.8M | 75x | as long as short |
| MEXC FIL_USDC | +0.0091% | 8h | 0.9789 | −0.066% | $249K | $106K | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9796 | +0.003% | $485K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9793 | −0.026% | $7.8M | $16.4M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9795 | −0.005% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9849 | +0.550% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9843 | +0.487% | $288K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | +0.556% | $42K | $192K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9807 | +0.114% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | −0.056% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9793 | −0.026% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9800 | +0.046% | $621K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.056% | $1.0M | $2.2M | 50x | as long as short |
| BloFin FIL-USDT | +0.0213% | 8h | 0.9803 | +0.077% | $2.6M | $639K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0623% / S −0.0759% | 1h | 0.9802 | +0.067% | $217K | — | 100x |
Variational Omni FIL
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
Aster FILUSDT
Gate FIL_USDT
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT