Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04235 | +0.0100 | pay 0.0100% / 8h | 16m 19s | $1.8M | $3.1M | 20x | Long OKX | |
| SHORT | 0.04242 | +0.0100 | get 0.0013% / 1h | 16m 19s | $2.7M | $491K | 5x | Short Hyperliquid4% off |
Price gap+0.156%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.031% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$240.0000% /8h now · paid +0.243% over the last 7D
Price−$3spread +0.156% now, avg +0.187% → −0.031% if it goes back
Costs−$750.751% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.156%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCFX on 15 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size20.2 / 22.6 bpAt $10k entering Hyperliquid costs 22.6 bp, fee and slippage, 1.1× OKX’s.
- Note: Margin at max leverage$500 + $2,000OKX 20x, Hyperliquid 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 3 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
- Watch: Gap narrower than usual+0.156% vs +0.187%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.8M vs $2.7M OIBoth legs are deep; OKX is the smaller one.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- Watch: KYCOKX Yes · Hyperliquid NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0116%/8h × 21 periods+$24.27
Price spread+0.156% → +0.187% (7d avg)−$3.10
Slippage, 4 orderslive order books−$56.14
Fee OKX bp × 2 orders−$10.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$53.98
Costs to cover0.751%Break-even22.6 days
Slippage: OKX: live order book, 4 min ago; Hyperliquid: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX2.3720.2 bp−$2040.8 bp−$408doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid2.1222.6 bp−$2359.3 bp−$593doesn’t fitdoesn’t fit
Closing costs about the same again.

