0G

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0797%/8h= −87.2% APRnext payment −$1.00 per $10,000 · paid last 24h −0.267%

Price spread now: GMX against Hyperliquid−0.278%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

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 −$24 a day on $10k at the current rate, and GMX is 0.278% cheaper against Hyperliquid than usual: you would sell low and buy high (−$28 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 0G	0.2337	0.0599	pay 0.0075% / 1h	2m 55s	$2.5M	$460K	3x
Short	GMX 0G/USD [WBTC.b-USDC]	0.2330	L −0.0235% / S +0.0198%	pay 0.0025% / 1h	2m 55s	$2K	—	100x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.278%Rate

Funding earned: −$167.32
Price spread: −0.278% → 0.000%: −$27.77
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$216.09
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 8 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, 8 min ago	1.92 bp	26.1 bp −$26	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.

0G on 16 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
BingX 0G-USDT	−0.0637%	4h	0.2332	−0.210%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]short	L −0.0235% / S +0.0198%	1h	0.2330	−0.278%	$2K	—	100x
Aster 0GUSDT	+0.0100%	4h	0.2331	−0.252%	$17K	$41K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2332	−0.210%	$6.9M	$8.4M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2330	−0.295%	$2.4M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2330	−0.295%	$873K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2330	−0.295%	$604K	$155K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2332	−0.210%	$2.1M	$242K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2331	−0.252%	$1.9M	$798K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2333	−0.167%	$32K	$54K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 0G	+0.0100%	4h	0.2334	−0.142%	$14K	$5K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2338	+0.026%	$18K	$621K	50x	as long as short
BloFin 0G-USDT	+0.0137%	4h	0.2335	−0.081%	$327K	$9K	50x	as long as short
KuCoin 0GUSDTM	+0.0212%	4h	0.2332	−0.214%	$2.3M	$2.3M	50x	as long as short
Hyperliquid 0Glong	+0.0599%	1h	0.2337	long leg	$2.5M	$460K	3x
Lighter 0G	+0.1280%	1h	0.2337	+0.004%	$48K	$87K	3x	as long as short