Funding you earn now, next payment 01:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against OKX+0.144%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.144%, 7d avg +0.091%
=Together, before fees+0.106%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.052% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.091%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.211% in total (about 11.0% a year). A funding rate is set anew for every payment. 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 | OKX AERO-USDT-SWAP | 0.6952 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $2.3M | $6.9M | 20x |
| Short | Hyperliquid AERO | 0.6962 | 0.0760 | get 0.0095% / 1h | 42m 17s | $23.4M | $5.3M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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
- $138.68
- Price spread: +0.144% → +0.091%
- $5.24
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $124.92
- Costs to cover
- 0.190%
- Break-even
- 0.7 days
Slippage unknown: OKX: live order book, 6 min ago; Hyperliquid: live order book, 11 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 OKX live order book, 6 min ago | 2.88 bp | 15.0 bp −$15 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
AERO on 23 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 AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.719% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0038% | 1h | 0.6951 | −0.014% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6959 | +0.096% | $40K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6953 | +0.011% | $26.4M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6951 | −0.014% | $22.5M | $21.4M | 25x | as long as short |
| OKX AERO-USDT-SWAPlong | +0.0100% | 4h | 0.6952 | long leg | $2.3M | $6.9M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6947 | −0.072% | $1.6M | $492K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6950 | −0.029% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6952 | 0.000% | $2.1M | $938K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6949 | −0.043% | $4.1M | $2.2M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6950 | −0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6946 | −0.080% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6951 | −0.021% | $215K | $1.6M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6950 | −0.032% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6952 | −0.001% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6948 | −0.058% | $943K | $736K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0509% / S −0.0240% | 1h | 0.6949 | −0.049% | $91K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0528% | 1h | 0.6959 | +0.106% | $189 | $111 | 3x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6953 | +0.009% | $220K | $402K | 3x | as long as short |
| Hyperliquid AEROshort | +0.0760% | 1h | 0.6962 | +0.144% | $23.4M | $5.3M | 3x | |
| Backpack AERO_USDC_PERP | +0.1393% | 1h | 0.6960 | +0.119% | $133K | $321K | 15x | as long as short |
| Lighter AERO | +0.1672% | 1h | 0.6967 | +0.216% | $1.3M | $431K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6929 | −0.331% | $91K | $35K | 25x | as long as short |
OKX AERO-USDT-SWAP
Hyperliquid AERO
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX