Settings8H · net · $10k
Funding arb · Price arb /

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.377%
Price spread now: ApeX Omni against Hyperliquid−0.674%65s7-day average +0.203% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.798%−$80 on $10k
Price spread, last 4 days (all we have)+0.359%+$36 · spread now −0.674%, 7d avg +0.203%
Together, before fees−0.439%+ Points / potential airdropHyperliquid: Season 2 · farm board−$44 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: ApeX Omni is 0.877% cheaper against Hyperliquid than usual: you would sell low and buy high, −$88 on $10k if it goes back to its 7-day average of +0.203%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APEX0.25370.0100pay 0.0013% / 1h20m 18s$2.9M$125K3x
ShortApeX Omni APEXUSDT0.25200.0100get 0.0013% / 1h20m 18s$129K$308K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
$0
Price spread: −0.674% → +0.203%
−$87.66
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$106.66
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; ApeX Omni: live order book, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 4 min ago6.92 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 30 min ago1.92 bp313.8 bp −$314doesn't fitdoesn't fitdoesn't fit

APEX on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APEX-USDT+0.0064%4h0.2542+0.193%$95K$3K25xas long as short
Hyperliquid APEXlong+0.0100%1h0.2537long leg$2.9M$125K3x
Bybit APEXUSDT+0.0100%4h0.2531−0.240%$3.5M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2531−0.240%$630K$275K50xas long as short
BingX APEX-USDT+0.0100%4h0.2532−0.201%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2532−0.202%$17K$8Kas long as short
ApeX Omni APEXUSDTshort+0.0100%1h0.2520−0.674%$129K$308K50x
Lighter APEX+0.0424%1h0.2542+0.177%$56K$24K5xas long as short