TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1096%/8h= +120.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.516%

Price spread now: GMX against Hyperliquid−0.171%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 0.171% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 12 hours of funding at the current rate (+$33 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TIA	0.4401	0.0100	pay 0.0013% / 1h	41m 50s	$4.7M	$1.5M	5x
Short	GMX TIA/USD [ETH-USDC]	0.4393	L +0.0494% / S −0.1196%	get 0.0149% / 1h	41m 50s	$40K	—	100x

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 −0.171%Rate

Funding earned: $230.15
Price spread: −0.171% → 0.000%: −$17.11
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $192.04
Costs to cover: 0.210%
Break-even: 1.2 days

Slippage unknown: Hyperliquid: live order book, 10 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, 10 min ago	0.80 bp	14.3 bp −$14	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.

TIA on 27 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
Variational Omni TIA	−0.0089%	4h	0.4386	−0.348%	$103K	$85K	—	as long as short
Bybit TIAUSDT	−0.0082%	4h	0.4393	−0.182%	$9.6M	$13.4M	50x	as long as short
ApeX Omni TIAUSDT	−0.0073%	1h	0.4385	−0.364%	$49K	$231K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4395	−0.136%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4394	−0.161%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0014%	4h	0.4393	−0.182%	$4.2M	$9.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4399	−0.036%	$156K	$418K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4393	−0.182%	$5K	$276K	10x	as long as short
Hyperliquid TIAlong	+0.0100%	1h	0.4401	long leg	$4.7M	$1.5M	5x
Aster TIAUSDT	+0.0100%	4h	0.4393	−0.176%	$32K	$245K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4397	−0.091%	$14.4M	$42.9M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4392	−0.204%	$2.8M	$6.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4397	−0.091%	$996K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4397	−0.091%	$11.9M	$6.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4394	−0.159%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4395	−0.136%	—	$99.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4396	−0.120%	$102K	$157K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4390	−0.250%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4393	−0.191%	$55K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4394	−0.154%	$7K	—	3x	as long as short
Kraken Futures PF_TIAUSD	+0.0165%	1h	0.4395	−0.140%	$359K	$194K	50x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4389	−0.266%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0233%	1h	0.4390	−0.246%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4406	+0.114%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4393	−0.182%	$1.6M	$734K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0384%	1h	0.4406	+0.114%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]short	L +0.0494% / S −0.1196%	1h	0.4393	−0.171%	$40K	—	100x