Funding you earn now, next payment 02:00 UTC+0.1582%/8h= +173.3% APRnext payment +$1.98 per $10,000 · paid last 24h +0.413%
Price spread now: Hyperliquid against ApeX Omni+0.732%85s7-day average +0.341% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1971.969% of the position
Funding, last 7 days+0.646%+$65 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.732%, 7d avg +0.341%
=Together, before fees+0.094%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Hyperliquid is 0.391% dearer against ApeX Omni than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.341%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.646% in total (about 33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HMSTRUSDT | 0.0001777 | 0.0100 | pay 0.0013% / 1h | 24m 00s | $13K | $614K | 50x |
| Short | Hyperliquid HMSTR | 0.0001790 | 0.1682 | get 0.0210% / 1h | 24m 00s | $2.0M | $117K | 3x |
ApeX Omni HMSTRUSDT
Hyperliquid HMSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $332.27
- Price spread: +0.732% → +0.341%
- $39.1
- Slippage, 4 orders
- −$177.88
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $174.49
- Costs to cover
- 1.969%
- Break-even
- 3.3 days
Slippage from ApeX Omni: live order book, 44 min ago; Hyperliquid: live order book, 7 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 ApeX Omni live order book, 44 min ago | 11.19 bp | 28.5 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 27.85 bp | 65.7 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
HMSTR on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HMSTR-USDT | +0.0070% | 4h | 0.0001780 | +0.169% | — | $1.3M | — | as long as short |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001780 | +0.169% | $33K | $7K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001778 | +0.056% | $2.2M | $2.1M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001778 | +0.056% | $1.5M | $607K | 25x | as long as short |
| OKX HMSTR-USDT-SWAP | +0.0100% | 4h | 0.0001779 | +0.113% | $601K | $822K | 10x | as long as short |
| Gate HMSTR_USDT | +0.0100% | 4h | 0.0001780 | +0.169% | $397K | $159K | 25x | as long as short |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001777 | 0.000% | $386K | $117K | 50x | as long as short |
| KuCoin HMSTRUSDTM | +0.0100% | 4h | 0.0001779 | +0.113% | $247K | $48K | 10x | as long as short |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001783 | +0.349% | $2K | $919 | — | as long as short |
| ApeX Omni HMSTRUSDTlong | +0.0100% | 1h | 0.0001777 | long leg | $13K | $614K | 50x |
BingX HMSTR-USDT
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
OKX HMSTR-USDT-SWAP
Gate HMSTR_USDT
MEXC HMSTR_USDT
KuCoin HMSTRUSDTM
Variational Omni HMSTRShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended kHMSTR-USD | +0.0104% | 1h | 0.0001778 | +0.035% | $928 | — | 5x | as long as short |
| Kraken Futures PF_HMSTRUSD | +0.1031% | 1h | 0.0001782 | +0.267% | $10K | $7K | 10x | as long as short |
| Hyperliquid HMSTRshort | +0.1682% | 1h | 0.0001790 | +0.732% | $2.0M | $117K | 3x |
Extended kHMSTR-USD
Kraken Futures PF_HMSTRUSD