Funding you earn now, next payment 23:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against OKX+0.148%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days−0.135%−$13 · spread now +0.148%, 7d avg +0.055%
=Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.093% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BCH-USDT-SWAP | 270.10 | 0.0066 | pay 0.0066% / 8h | 1h 15m | $26.4M | $78.3M | 50x |
| Short | Hyperliquid BCH | 270.50 | 0.0100 | get 0.0013% / 1h | 15m 21s | $6.1M | $4.2M | 10x |
OKX BCH-USDT-SWAP
Hyperliquid BCHFunding 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
- $7.14
- Price spread: +0.148% → +0.055%
- $9.28
- Slippage, 4 orders
- −$15.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.82
- Costs to cover
- 0.342%
- Break-even
- 24.5 days
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 7 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, 4 min ago | 1.85 bp | 8.9 bp −$9 | 16.6 bp −$166 | 64.8 bp −$6,478 | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.11 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 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 BCH_USDC-PERPETUAL | −0.0578% | 1h | 270.22 | +0.046% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0182% | 8h | 270.12 | +0.007% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0159% | 1h | 270.01 | −0.033% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.037% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0110% | 8h | 270.72 | +0.228% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0062% | 8h | 270.04 | −0.022% | $39.5M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.96 | −0.051% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 270.15 | +0.019% | $75.2M | $234.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0046% | 8h | 270.72 | +0.230% | $70.9M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.23 | +0.049% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.38 | +0.104% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.25 | +0.054% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.19 | +0.033% | $8.4M | $14.9M | 75x | as long as short |
| Bitget BCHUSDT | +0.0015% | 8h | 270.11 | +0.004% | $19.5M | $29.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.322% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0018% | 8h | 270.08 | −0.008% | $394K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.14 | +0.015% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAPlong | +0.0066% | 8h | 270.10 | long leg | $26.4M | $78.3M | 50x | |
| BingX BCH-USDT | +0.0071% | 8h | 270.09 | −0.004% | — | $30.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.98 | −0.044% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0095% | 1h | 270.00 | −0.037% | $443K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.14 | +0.015% | $378K | $587K | 10x | as long as short |
| Hyperliquid BCHshort | +0.0100% | 1h | 270.50 | +0.148% | $6.1M | $4.2M | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 270.11 | +0.005% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.10 | −0.001% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.21 | +0.041% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | +0.002% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | +0.096% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.93 | −0.063% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.16 | +0.022% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.35 | +0.093% | $819K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.35 | +0.094% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Bitget BCHUSDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
BingX BCH-USDT
BloFin BCH-USDT
Nado BCH-PERP
Lighter BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]