Funding you earn now, next payment 10:00 UTC−0.0285%/8h= −31.2% APRnext payment −$0.36 per $10,000 · paid last 24h +0.541%
Price spread now: GMX against Hyperliquid−0.075%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$9 a day on $10k at the current rate, and GMX is 0.075% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 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 | Hyperliquid TIA | 0.4468 | 0.0100 | pay 0.0013% / 1h | 55m 54s | $4.9M | $1.5M | 5x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4465 | L −0.4112% / S +0.0185% | pay 0.0023% / 1h | 55m 54s | $6K | — | 100x |
Hyperliquid TIA
GMX TIA/USD [ETH-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
- −$59.91
- Price spread: −0.075% → 0.000%
- −$7.45
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$88.36
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 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, 6 min ago | 0.89 bp | 17.8 bp −$18 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC]short | L −0.4112% / S +0.0185% | 1h | 0.4465 | −0.075% | $6K | — | 100x | |
| Kraken Futures PF_TIAUSD | −0.0168% | 1h | 0.4459 | −0.202% | $351K | $198K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4462 | −0.134% | $31K | $20K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4497 | +0.643% | $1K | — | 150x | as long as short |
| dYdX TIA-USD | +0.0014% | 1h | 0.4466 | −0.042% | $53K | $139 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0079% | 1h | 0.4518 | +1.119% | $81K | $157K | 12x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4470 | +0.038% | $193K | $436K | 10x | as long as short |
| OKX TIA-USDT-SWAP | +0.0098% | 4h | 0.4441 | −0.604% | $2.8M | $7.0M | 50x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4461 | −0.157% | $7K | $205K | 10x | as long as short |
| Backpack TIA_USDC_PERP | +0.0099% | 1h | 0.4460 | −0.172% | $103K | $171K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
dYdX TIA-USD
Injective TIA/USDC PERP
Lighter TIA
OKX TIA-USDT-SWAP
Orderly PERP_TIA_USDC
Backpack TIA_USDC_PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIAlong | +0.0100% | 1h | 0.4468 | long leg | $4.9M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4460 | −0.179% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4455 | −0.287% | $14.4M | $49.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4452 | −0.358% | $10.0M | $14.6M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4458 | −0.224% | $1.0M | $1.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4456 | −0.269% | $10.7M | $14.3M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4456 | −0.269% | $4.3M | $10.3M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4456 | −0.269% | $4.4M | $4.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4455 | −0.291% | — | $6.5M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4459 | −0.210% | $136K | $79K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4497 | +0.649% | $52K | $224K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4468 | 0.000% | $60K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4453 | −0.338% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4464 | −0.096% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4459 | −0.197% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4475 | +0.157% | $1.7M | $774K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4521 | +1.186% | $54K | $99K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX