Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against OKX+0.171%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.171%, 7d avg +0.094%
=Together, before fees+0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.077% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APE-USDT-SWAP | 0.1465 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $1.3M | $1.5M | 20x |
| Short | Hyperliquid APE | 0.1467 | 0.0103 | get 0.0013% / 1h | 16m 22s | $1.3M | $388K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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
- $0.7
- Price spread: +0.171% → +0.094%
- $7.68
- Slippage, 4 orders
- −$79.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$90.27
- Costs to cover
- 0.987%
- Break-even
- 904.9 days
Slippage from OKX: live order book, 5 min ago; Hyperliquid: live order book, 4 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 OKX live order book, 5 min ago | 2.05 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.71 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
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] | L −0.0178% / S +0.0185% | 1h | 0.1465 | −0.027% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.697% | — | — | — | as long as short |
| Kraken Futures PF_APEUSD | +0.0027% | 1h | 0.1466 | +0.087% | $400K | $659K | 20x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.939% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0090% | 8h | 0.1465 | 0.000% | $215K | $59K | 75x | as long as short |
| dYdX APE-USD | +0.0096% | 1h | 0.1463 | −0.135% | $9K | $5 | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1464 | −0.089% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1465 | 0.000% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1464 | −0.102% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAPlong | +0.0100% | 8h | 0.1465 | long leg | $1.3M | $1.5M | 20x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1464 | −0.102% | $632K | $320K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1464 | −0.068% | $4.2M | $877K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1463 | −0.137% | $1.8M | $3.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | −0.137% | $2.1M | $616K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1464 | −0.068% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | −0.427% | $7K | $12K | — | as long as short |
| Hyperliquid APEshort | +0.0103% | 1h | 0.1467 | +0.171% | $1.3M | $388K | 5x | |
| Extended APE-USD | +0.0104% | 1h | 0.1465 | −0.028% | $4K | $208K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1466 | +0.068% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1473 | +0.546% | $99K | $8K | 25x | as long as short |
OKX APE-USDT-SWAP
Hyperliquid APE
GMX APE/USD [APE-USDC]
Kraken Futures PF_APEUSD
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
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