Funding you earn now, next payment 01:00 UTC+0.0274%/8h= +30.0% APRnext payment +$0.34 per $10,000 · paid last 24h +0.017%
Price spread now: Hyperliquid against ApeX Omni+0.554%85s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 3 days (all we have)−0.430%−$43 · spread now +0.554%, 7d avg +0.105%
=Together, before fees−0.280%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.450% dearer against ApeX Omni than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.105%. The two prices were read 85 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 0.151% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 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 ENSUSDT | 6.7630 | 0.0100 | pay 0.0013% / 1h | 10m 11s | $25K | $605K | 50x |
| Short | Hyperliquid ENS | 6.8005 | 0.0374 | get 0.0047% / 1h | 10m 11s | $3.1M | $360K | 5x |
ApeX Omni ENSUSDT
Hyperliquid ENSFunding 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
- $57.45
- Price spread: +0.554% → +0.105%
- $44.98
- Slippage, 4 orders
- −$60.75
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $22.69
- Costs to cover
- 0.797%
- Break-even
- 4.2 days
Slippage from ApeX Omni: live order book, 63 min ago; Hyperliquid: live order book, 1 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 ApeX Omni live order book, 63 min ago | 6.67 bp | 15.5 bp −$16 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 1.99 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
ENS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.1387% | 1h | 6.7799 | +0.250% | $91K | $441K | 20x | as long as short |
| Variational Omni ENS | +0.0043% | 8h | 6.7654 | +0.035% | $111K | $5K | — | as long as short |
| OKX ENS-USDT-SWAP | +0.0049% | 8h | 6.7780 | +0.222% | $2.4M | $3.4M | 20x | as long as short |
| BloFin ENS-USDT | +0.0084% | 8h | 6.7710 | +0.118% | $311K | $74K | 20x | as long as short |
| Bitget ENSUSDT | +0.0097% | 8h | 6.7870 | +0.355% | $3.0M | $1.3M | 75x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.7879 | +0.368% | $15K | $103K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.7879 | +0.368% | $5.4M | $13.5M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.7800 | +0.251% | $5.4M | $3.7M | 75x | as long as short |
| Gate ENS_USDT | +0.0100% | 8h | 6.7800 | +0.251% | $465K | $575K | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.7890 | +0.384% | $5.5M | $864K | 75x | as long as short |
Kraken Futures PF_ENSUSD
Variational Omni ENS
OKX ENS-USDT-SWAP
BloFin ENS-USDT
Bitget ENSUSDT
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
Gate ENS_USDT
MEXC ENS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.7880 | +0.370% | $1.8M | $129K | 50x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.7890 | +0.384% | — | $7.9M | — | as long as short |
| ApeX Omni ENSUSDTlong | +0.0100% | 1h | 6.7630 | long leg | $25K | $605K | 50x | |
| Extended ENS-USD | +0.0104% | 1h | 6.7895 | +0.392% | $4K | $107K | 10x | as long as short |
| Hyperliquid ENSshort | +0.0374% | 1h | 6.8005 | +0.554% | $3.1M | $360K | 5x |
KuCoin ENSUSDTM
BingX ENS-USDT
Extended ENS-USD