CC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h −0.013%

Price spread now: GMX against Hyperliquid−0.162%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

Funding pays, the price is against you. GMX is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.9 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CC	0.1163	0.0100	pay 0.0013% / 1h	38m 20s	$5.4M	$1.3M	3x
Short	GMX CC/USD [WBTC.b-USDC]	0.1161	L +0.0441% / S −0.0239%	get 0.0030% / 1h	38m 20s	$43K	—	50x

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 −0.162%Rate

Funding earned: $29.1
Price spread: −0.162% → 0.000%: −$16.16
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$8.06
Costs to cover: 0.210%
Break-even: 8.9 days

Slippage unknown: Hyperliquid: live order book, 4 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, 4 min ago	1.29 bp	14.7 bp −$15	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.

CC on 19 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
Injective CC/USDC PERP	−0.3951%	1h	0.1144	−1.651%	$6K	$97	5.5x	as long as short
Gate CC_USDT	+0.0056%	4h	0.1160	−0.267%	$359K	$211K	50x	as long as short
Paradex CC-USD-PERP	+0.0089%	8h	0.1161	−0.164%	$1K	—	5x	as long as short
Hyperliquid CClong	+0.0100%	1h	0.1163	long leg	$5.4M	$1.3M	3x
Aster CCUSDT	+0.0100%	4h	0.1161	−0.189%	$34K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1161	−0.198%	$11.0M	$11.0M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1161	−0.181%	$10.5M	$3.8M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1162	−0.103%	$2.5M	$3.4M	20x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1161	−0.224%	$1.6M	$309K	100x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1161	−0.155%	$492K	$115K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1161	−0.232%	$930K	$787K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1162	−0.129%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1160	−0.258%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1157	−0.514%	$576K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1158	−0.452%	$81K	$2.3M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1158	−0.468%	$7K	$35K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1157	−0.507%	$582K	$105K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]short	L +0.0441% / S −0.0239%	1h	0.1161	−0.162%	$43K	—	50x
Lighter CC	+0.1256%	1h	0.1165	+0.138%	$234K	$152K	5x	as long as short