Funding you earn now, next payment 05:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.010%
Price spread now: OKX against Ondo Perps+0.056%7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days+0.225%+$23 · spread now +0.056%, 7d avg −0.012%
=Together, before fees+0.299%+ Points / potential airdropOndo Perps: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.068% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 92.870 | 0.0042 | pay 0.0005% / 1h | 30m 29s | $699K | $1.1M | 10x |
| Short | OKX HYPE-USDT-SWAP | 92.922 | 0.0100 | get 0.0100% / 8h | 3h 30m | $113.9M | $304.6M | 50x |
Ondo Perps HYPE-USD.P
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Ondo Perps. 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
- $12.26
- Price spread: +0.056% → −0.012%
- $6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $4.08
- Costs to cover
- 0.150%
- Break-even
- 4.7 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 0.05 bp | 5.6 bp −$6 | 8.6 bp −$86 | 17.8 bp −$1,776 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1472% | 1h | 92.689 | −0.195% | $193K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0300% | 1h | 92.877 | +0.008% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.877 | +0.008% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.988 | +0.127% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0062% | 4h | 92.912 | +0.045% | $145K | $681K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.981 | +0.119% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.935 | +0.070% | $22K | $298K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.943 | +0.079% | $62K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.857 | −0.014% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0033% | 8h | 92.920 | +0.054% | $315.9M | $282.6M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0036% | 1h | 92.907 | +0.040% | $111K | $577K | 20x | as long as short |
| Ondo Perps HYPE-USD.Plong | +0.0042% | 1h | 92.870 | long leg | $699K | $1.1M | 10x | |
| Phemex HYPEUSDT | +0.0044% | 8h | 92.998 | +0.138% | $12.6M | $2.7M | 50x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.940 | +0.075% | $86K | $362K | 20x | as long as short |
| Bitget HYPEUSDT | +0.0056% | 4h | 92.915 | +0.048% | $225.1M | $99.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.917 | +0.051% | $70K | $1.1M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 92.814 | −0.060% | $4.9M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.925 | +0.059% | $16.0M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.932 | +0.067% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 92.922 | +0.056% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.890 | +0.022% | $34K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.883 | +0.015% | $7.4M | $46.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.955 | +0.092% | $2.02B | $666.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.941 | +0.076% | $8.7M | $36.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.939 | +0.074% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.920 | +0.054% | $373.6M | $906.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0100% | 8h | 92.922 | +0.056% | $113.9M | $304.6M | 50x | |
| Gate HYPE_USDT | +0.0100% | 4h | 92.915 | +0.048% | $45.0M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.930 | +0.065% | $91.2M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.917 | +0.051% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.913 | +0.046% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.999 | +0.139% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.959 | +0.096% | $28.6M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.875 | +0.005% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.853 | −0.018% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.896 | +0.028% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.970 | +0.108% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.958 | +0.095% | $471K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.980 | +0.118% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.963 | +0.100% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.008 | +0.149% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.977 | +0.115% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.770 | −0.108% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.878 | +0.008% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.976 | +0.114% | $393K | $164K | 20x | as long as short |
| HTX HYPE-USDT | +0.0109% | 4h | 93.108 | +0.256% | $1.4M | $6.3M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.040 | +0.183% | $4.7M | $5.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0164% | 8h | 92.991 | +0.130% | $1.8M | $5.4M | 2.3x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 93.048 | +0.192% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 92.810 | −0.065% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.913 | +0.046% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 93.002 | +0.142% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.983 | +0.122% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0427% | 1h | 93.067 | +0.212% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.976 | +0.114% | $3.2M | $6.4M | 20x | as long as short |
Bullet HYPE-USD
Phemex HYPEUSDT
01 Exchange HYPEUSD
Bitget HYPEUSDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC