Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against OKX+0.264%7-day average +0.096% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.318%−$32 · spread now +0.264%, 7d avg +0.096%
=Together, before fees−0.227%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.168% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETHFI-USDT-SWAP | 0.7194 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $5.1M | $12.3M | 20x |
| Short | Hyperliquid ETHFI | 0.7213 | 0.0100 | get 0.0013% / 1h | 10m 45s | $18.1M | $8.4M | 5x |
OKX ETHFI-USDT-SWAP
Hyperliquid ETHFIFunding 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
- $0
- Price spread: +0.264% → +0.096%
- $16.82
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$2.18
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago | 1.39 bp | 15.2 bp −$15 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.62 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ETHFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0444% | 1h | 0.7204 | +0.139% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0203% | 4h | 0.7202 | +0.111% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0154% | 4h | 0.7200 | +0.083% | $89K | $168K | 20x | as long as short |
| Variational Omni ETHFI | +0.0012% | 4h | 0.7203 | +0.121% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.639% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0060% | 8h | 0.7192 | −0.033% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7201 | +0.103% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7213 | +0.264% | $18.1M | $8.4M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7203 | +0.130% | $184K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7188 | −0.089% | $25.0M | $36.0M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7191 | −0.042% | $18.1M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPlong | +0.0100% | 4h | 0.7194 | long leg | $5.1M | $12.3M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7207 | +0.181% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7186 | −0.111% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7198 | +0.056% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7188 | −0.083% | $6.1M | $5.4M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7190 | −0.056% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7218 | +0.327% | $72K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7197 | +0.042% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7186 | −0.106% | $98K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7200 | +0.083% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +0.820% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0225% | 1h | 0.7210 | +0.218% | $273K | $182K | 20x | as long as short |
Bybit ETHFIUSDT
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD