Funding you earn now, next payment 23:00 UTC+0.1918%/8h= +210.0% APRnext payment +$2.40 per $10,000 · paid last 24h +0.260%
Price spread now: Hyperliquid against ApeX Omni+0.351%65s7-day average −0.226% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.647%+$65 on $10k
+Price spread, last 3 days (all we have)−0.317%−$32 · spread now +0.351%, 7d avg −0.226%
=Together, before fees+0.330%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and Hyperliquid is 0.577% dearer against ApeX Omni than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.226%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.647% in total (about 33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni APEXUSDT | 0.2565 | 0.0100 | pay 0.0013% / 1h | 32m 22s | $137K | $471K | 50x |
| Short | Hyperliquid APEX | 0.2574 | 0.2018 | get 0.0252% / 1h | 32m 22s | $2.9M | $118K | 3x |
Funding 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
- $402.76
- Price spread: +0.351% → −0.226%
- $57.72
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $441.49
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 50 min ago; Hyperliquid: live order book, 9 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 ApeX Omni live order book, 50 min ago | 46.46 bp | 165.3 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 4.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2563 | −0.078% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2564 | −0.039% | $604K | $251K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2562 | −0.117% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2565 | +0.008% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDTlong | +0.0100% | 1h | 0.2565 | long leg | $137K | $471K | 50x | |
| BloFin APEX-USDT | +0.0138% | 4h | 0.2566 | +0.039% | $93K | $2K | 25x | as long as short |
| Lighter APEX | +0.1920% | 1h | 0.2577 | +0.460% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEXshort | +0.2018% | 1h | 0.2574 | +0.351% | $2.9M | $118K | 3x |
ApeX Omni APEXUSDT
Hyperliquid APEX
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
BloFin APEX-USDT
Lighter APEX