Funding you earn now, next payment 05:00 UTC−0.0395%/8h= −43.2% APRnext payment −$0.49 per $10,000 · paid last 24h −0.081%
Price spread now: Hyperliquid against GMX−0.048%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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hyperliquid is 0.048% cheaper against GMX than usual: you would sell low and buy high (−$5 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 | GMX TIA/USD [ETH-USDC] | 0.4414 | L +0.0495% / S −0.1196% | pay 0.0062% / 1h | 27m 32s | $40K | — | 100x |
| Short | Hyperliquid TIA | 0.4412 | 0.0100 | get 0.0013% / 1h | 27m 32s | $4.7M | $1.4M | 5x |
GMX TIA/USD [ETH-USDC]
Hyperliquid TIAFunding 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
- −$82.94
- Price spread: −0.048% → 0.000%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$108.79
- Costs to cover
- 0.210%
- Break-even
- never at this rate
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 | 1.69 bp | 12.2 bp −$12 | 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.
TIA on 27 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 TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4414 | −0.005% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4415 | +0.012% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0072% | 1h | 0.4429 | +0.334% | $50K | $230K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4413 | −0.033% | $156K | $419K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4413 | −0.028% | $6K | $244K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4412 | −0.048% | $4.7M | $1.4M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4410 | −0.102% | $33K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4406 | −0.187% | $14.4M | $43.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4404 | −0.232% | $9.9M | $13.5M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4403 | −0.255% | $2.8M | $6.3M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4408 | −0.141% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4406 | −0.187% | $11.5M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4406 | −0.187% | $4.2M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4405 | −0.209% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4405 | −0.209% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4408 | −0.144% | $102K | $168K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4430 | +0.362% | $103K | $61K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4418 | +0.085% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4403 | −0.250% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4412 | −0.042% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4411 | −0.073% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4434 | +0.448% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0327% | 1h | 0.4417 | +0.070% | $361K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4415 | +0.017% | $1.7M | $734K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4432 | +0.402% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0495% / S −0.1196% | 1h | 0.4414 | long leg | $40K | — | 100x | |
| dYdX TIA-USD | +0.0549% | 1h | 0.4406 | −0.184% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD