Funding you earn now, next payment 06:00 UTC+0.0280%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.089%
Price spread now: Hyperliquid against GMX+0.085%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.085% dearer against GMX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APE/USD [APE-USDC] | 0.1465 | L −0.0178% / S +0.0185% | get 0.0022% / 1h | 17m 02s | $1K | — | 100x |
| Short | Hyperliquid APE | 0.1466 | 0.0102 | get 0.0013% / 1h | 17m 02s | $1.3M | $388K | 5x |
GMX APE/USD [APE-USDC]
Hyperliquid APEFunding 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
- $58.81
- Price spread: +0.085% → 0.000%
- $8.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $46.34
- Costs to cover
- 0.210%
- Break-even
- 1.5 days
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 3 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, 3 min ago | 1.71 bp | 18.8 bp −$19 | 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.
APE on 20 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 APE/USD [APE-USDC]long | L −0.0178% / S +0.0185% | 1h | 0.1465 | long leg | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.706% | — | — | — | as long as short |
| Kraken Futures PF_APEUSD | +0.0027% | 1h | 0.1466 | +0.074% | $400K | $659K | 20x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.948% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0090% | 8h | 0.1465 | −0.010% | $215K | $59K | 75x | as long as short |
| dYdX APE-USD | +0.0099% | 1h | 0.1464 | −0.053% | $9K | $5 | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1463 | −0.136% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1463 | −0.130% | $4.0M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | −0.140% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | −0.119% | $1.3M | $1.5M | 20x | as long as short |
Reya APERUSDPERP
Kraken Futures PF_APEUSD
Injective APE/USDC PERP
BloFin APE-USDT
dYdX APE-USD
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1466 | +0.024% | $633K | $320K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1464 | −0.078% | $4.2M | $877K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1464 | −0.078% | $1.8M | $3.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | −0.147% | $2.1M | $616K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | −0.147% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | −0.437% | $7K | $12K | — | as long as short |
| Hyperliquid APEshort | +0.0102% | 1h | 0.1466 | +0.085% | $1.3M | $388K | 5x | |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | −0.156% | $4K | $208K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1466 | +0.058% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1473 | +0.536% | $99K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX