Funding you earn now, next payment 21:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Hyperliquid against GMX+0.215%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 0.215% dearer against GMX than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX STX/USD [WBTC.b-USDC] | 0.3409 | L +0.0190% / S −0.0446% | pay 0.0024% / 1h | 21m 34s | $4K | — | 100x |
| Short | Hyperliquid STX | 0.3416 | 0.0100 | get 0.0013% / 1h | 21m 34s | $1.5M | $1.1M | 5x |
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STXFunding 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
- −$19
- Price spread: +0.215% → 0.000%
- $21.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$18.47
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 4 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, 4 min ago | 1.75 bp | 19.5 bp −$20 | 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.
STX on 18 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_STXUSD | −0.1227% | 1h | 0.3411 | +0.057% | $76K | $164K | 20x | as long as short |
| Variational Omni STX | −0.0693% | 8h | 0.3427 | +0.537% | $814K | $322K | — | as long as short |
| Injective STX/USDC PERP | −0.0100% | 1h | 0.3349 | −1.753% | $4K | $111K | 12x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3410 | +0.036% | — | — | 150x | as long as short |
| Hyperliquid STXshort | +0.0100% | 1h | 0.3416 | +0.215% | $1.5M | $1.1M | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3408 | −0.013% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3416 | +0.206% | $8.0M | $20.5M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3414 | +0.154% | $8.7M | $7.6M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3417 | +0.242% | $2.4M | $7.3M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3405 | −0.110% | $598K | $423K | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
Injective STX/USDC PERP
gTrade (Gains Network) STX/USD
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3409 | +0.007% | $6.3M | $1.8M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3408 | −0.022% | $2.5M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3416 | +0.212% | $4.9M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3413 | +0.124% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3403 | −0.169% | $57K | $675K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3409 | +0.011% | $180K | $585K | 10x | as long as short |
| BloFin STX-USDT | +0.0116% | 8h | 0.3399 | −0.286% | $424K | $251K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC]long | L +0.0190% / S −0.0446% | 1h | 0.3409 | long leg | $4K | — | 100x |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT