Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.096%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$870.865% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.096%, 7d avg +0.028%
=Together, before fees+0.238%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 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: OKX is 0.124% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002083 | 0.0100 | pay 0.0013% / 1h | 8m 21s | $309K | $171K | 3x |
| Short | OKX GALA-USDT-SWAP | 0.002081 | 0.0100 | get 0.0100% / 8h | 8m 21s | $2.2M | $4.4M | 50x |
Hyperliquid GALA
OKX GALA-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
- $0
- Price spread: −0.096% → +0.028%
- −$12.38
- Slippage, 4 orders
- −$67.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.91
- Costs to cover
- 0.865%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 51 min ago; OKX: live order book, 4 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, 51 min ago | 2.39 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.40 bp | 18.1 bp −$18 | 52.4 bp −$524 | doesn't fit | doesn't fit |
GALA on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.296% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0069% | 8h | 0.002080 | −0.144% | $1.8M | $6.1M | 75x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002083 | long leg | $309K | $171K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002081 | −0.105% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002082 | −0.039% | $5.4M | $17.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002083 | 0.000% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAPshort | +0.0100% | 8h | 0.002081 | −0.096% | $2.2M | $4.4M | 50x | |
| Gate GALA_USDT | +0.0100% | 8h | 0.002083 | 0.000% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002082 | −0.048% | $6.0M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002081 | −0.096% | $2.1M | $1.2M | 75x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002083 | 0.000% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002072 | −0.519% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002082 | −0.060% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDT | +0.0124% | 8h | 0.002078 | −0.240% | $305K | $70K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0585% | 1h | 0.002086 | +0.133% | $663K | $164K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT
Kraken Futures PF_GALAUSD