Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Hyperliquid against ApeX Omni+0.022%105s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as 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−$480.478% of the position
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.022%, 7d avg +0.026%
=Together, before fees−0.393%+ Points / potential airdropHyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3441 | 0.0100 | pay 0.0013% / 1h | 31m 40s | $115K | $546K | 50x |
| Short | Hyperliquid TRX | 0.3441 | 0.0100 | get 0.0013% / 1h | 31m 40s | $13.2M | $2.2M | 10x |
ApeX Omni TRXUSDT
Hyperliquid TRXFunding 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
- $0
- Price spread: +0.022% → +0.026%
- −$0.4
- Slippage, 4 orders
- −$28.84
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$48.24
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 51 min ago; Hyperliquid: live order book, 11 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, 51 min ago | 6.68 bp | 18.9 bp −$19 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.14 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
TRX on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3439 | −0.035% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.012% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0082% | 8h | 0.3440 | −0.014% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0072% | 8h | 0.3440 | −0.017% | $54.6M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.035% | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0044% | 8h | 0.3438 | −0.067% | $8.7M | $3.7M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0041% | 1h | 0.3440 | −0.012% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0020% | 8h | 0.3437 | −0.092% | $825K | $717K | 75x | as long as short |
| SoDEX TRX-USD | −0.0012% | 1h | 0.3440 | −0.017% | $404 | $5K | 5x | as long as short |
| Aster TRXUSDT | −0.0007% | 8h | 0.3440 | −0.012% | $958K | $658K | 75x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
HTX TRX-USDT
SoDEX TRX-USD
Aster TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | −0.0002% | 8h | 0.3439 | −0.035% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.062% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.035% | $121K | — | 150x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3439 | −0.041% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3439 | −0.051% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0010% | 8h | 0.3440 | −0.026% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0011% | 8h | 0.3440 | −0.026% | $99.2M | $48.3M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3442 | +0.036% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0041% | 8h | 0.3439 | −0.032% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0047% | 8h | 0.3439 | −0.040% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0068% | 8h | 0.3441 | 0.000% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.028% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3439 | −0.049% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3440 | −0.009% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRXshort | +0.0100% | 1h | 0.3441 | +0.022% | $13.2M | $2.2M | 10x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3439 | −0.041% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3439 | −0.035% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | −0.007% | $587K | $432K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3441 | long leg | $115K | $546K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.032% | $196K | $917K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.034% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0433% | 1h | 0.3445 | +0.115% | $832K | $411K | 25x | as long as short |
OKX TRX-USDT-SWAP
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Orderly PERP_TRX_USDC
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL