Funding you earn now, next payment 03:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.061%
Price spread now: GMX against Hyperliquid−0.043%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.043% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3366 | 0.0215 | pay 0.0027% / 1h | 35m 35s | $1.5M | $741K | 5x |
| Short | GMX STX/USD [WBTC.b-USDC] | 0.3364 | L +0.0188% / S −0.0263% | get 0.0033% / 1h | 35m 35s | $4K | — | 100x |
Hyperliquid STX
GMX STX/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
- $10.06
- Price spread: −0.043% → 0.000%
- −$4.31
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$15.25
- Costs to cover
- 0.210%
- Break-even
- 17.6 days
Slippage unknown: Hyperliquid: live order book, 5 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, 5 min ago | 1.04 bp | 15.9 bp −$16 | 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.
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 | −0.0763% | 1h | 0.3364 | −0.049% | $69K | $112K | 20x | as long as short |
| Variational Omni STX | −0.0338% | 8h | 0.3361 | −0.138% | $770K | $253K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3366 | +0.018% | — | — | 150x | as long as short |
| Gate STX_USDT | +0.0023% | 8h | 0.3360 | −0.163% | $595K | $344K | 50x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.897% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0090% | 8h | 0.3357 | −0.253% | $410K | $215K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3364 | −0.040% | $126K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3362 | −0.104% | $7.7M | $18.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3361 | −0.131% | $8.5M | $6.6M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3365 | −0.015% | $2.3M | $5.4M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Gate STX_USDT
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3362 | −0.104% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3364 | −0.045% | $2.4M | $1.5M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3363 | −0.074% | $4.6M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3360 | −0.163% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3359 | −0.193% | $49K | $687K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3363 | −0.083% | $177K | $622K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC]short | L +0.0188% / S −0.0263% | 1h | 0.3364 | −0.043% | $4K | — | 100x | |
| Hyperliquid STXlong | +0.0215% | 1h | 0.3366 | long leg | $1.5M | $741K | 5x |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD