Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.007%
Price spread now: OKX against Hyperliquid+0.066%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$580.576% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days−0.133%−$13 · spread now +0.066%, 7d avg −0.038%
=Together, before fees−0.255%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.104% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.038%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.122% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ATOM | 1.8048 | 0.0100 | pay 0.0013% / 1h | 57m 09s | $2.8M | $745K | 5x |
| Short | OKX ATOM-USDT-SWAP | 1.8060 | −0.0027 | pay 0.0027% / 8h | 4h 57m | $5.1M | $5.5M | 50x |
Hyperliquid ATOM
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Hyperliquid. 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
- −$26.59
- Price spread: +0.066% → −0.038%
- $10.43
- Slippage, 4 orders
- −$38.62
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.78
- Costs to cover
- 0.576%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; OKX: 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 Hyperliquid live order book, 4 min ago | 1.66 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.78 bp | 12.6 bp −$13 | 42.9 bp −$429 | doesn't fit | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.598% | $25K | $5K | 25x | as long as short |
| Variational Omni ATOM | −0.0072% | 8h | 1.8051 | +0.018% | $577K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0034% | 8h | 1.8040 | −0.044% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAPshort | −0.0027% | 8h | 1.8060 | +0.066% | $5.1M | $5.5M | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8038 | −0.055% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8075 | +0.150% | $497 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8066 | +0.101% | $802 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0078% | 8h | 1.8040 | −0.044% | $1.1M | $297K | 75x | as long as short |
| Hyperliquid ATOMlong | +0.0100% | 1h | 1.8048 | long leg | $2.8M | $745K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8036 | −0.065% | $978K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8041 | −0.041% | $21.4M | $29.9M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.044% | $2.5M | $807K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.044% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | −0.044% | $1.6M | $677K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.233% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8030 | −0.100% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8065 | +0.096% | $444K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8058 | +0.054% | $763K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8015 | −0.183% | $314K | $175K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8030 | −0.100% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8032 | −0.090% | $5K | $204K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8090 | +0.233% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8067 | +0.104% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8040 | −0.046% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0356% | 1h | 1.8100 | +0.288% | $3.1M | $719K | 50x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD