Funding you earn now, next payment 22:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h −0.017%
Price spread now: Hyperliquid against OKX+0.050%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now +0.050%, 7d avg +0.038%
=Together, before fees+0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.8060 | −0.0030 | get 0.0030% / 8h | 2h 41m | $5.2M | $5.0M | 50x |
| Short | Hyperliquid ATOM | 1.8069 | 0.0100 | get 0.0013% / 1h | 41m 46s | $2.8M | $982K | 5x |
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
- $27.36
- Price spread: +0.050% → +0.038%
- $1.22
- Slippage, 4 orders
- −$38.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$28.42
- Costs to cover
- 0.570%
- Break-even
- 14.3 days
Slippage from OKX: live order book, 1 min ago; Hyperliquid: live order book, 9 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 OKX live order book, 1 min ago | 2.77 bp | 15.2 bp −$15 | 55.7 bp −$557 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.39 bp | 13.0 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0302% | 1h | 1.8090 | +0.166% | $497 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0082% | 8h | 1.8062 | +0.011% | $15.2M | $10.4M | 75x | as long as short |
| Variational Omni ATOM | −0.0066% | 8h | 1.8025 | −0.193% | $576K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAPlong | −0.0030% | 8h | 1.8060 | long leg | $5.2M | $5.0M | 50x | |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8060 | 0.000% | $25K | $11K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8099 | +0.217% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8090 | +0.163% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0067% | 8h | 1.8083 | +0.127% | $6.6M | $2.6M | 75x | as long as short |
| BloFin ATOM-USDT | +0.0087% | 8h | 1.8110 | +0.277% | $1.1M | $325K | 75x | as long as short |
| Hyperliquid ATOMshort | +0.0100% | 1h | 1.8069 | +0.050% | $2.8M | $982K | 5x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8073 | +0.071% | $983K | $238K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8079 | +0.106% | $21.6M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.111% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8070 | +0.055% | $9.0M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8090 | +0.166% | $1.6M | $800K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | +0.111% | — | $25.0M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8062 | +0.008% | $444K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8060 | 0.000% | $765K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8063 | +0.017% | $308K | $183K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8080 | +0.111% | $1.6M | $1.8M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8080 | +0.111% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8090 | +0.166% | $660 | $117K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8092 | +0.176% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0203% | 1h | 1.8102 | +0.232% | $3.1M | $671K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8066 | +0.031% | $2K | — | 25x | as long as short |
OKX ATOM-USDT-SWAP
Hyperliquid ATOM
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
BloFin ATOM-USDT
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
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]
Kraken Futures PF_ATOMUSD