Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against OKX+0.208%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now +0.208%, 7d avg −0.067%
=Together, before fees−0.360%+ Points / potential airdropHyperliquid: Season 2 · farm board−$36 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 0.275% dearer against OKX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04756 | 0.0100 | pay 0.0100% / 8h | 58m 46s | $553K | $1.4M | 20x |
| Short | Hyperliquid IOTA | 0.04766 | 0.0100 | get 0.0013% / 1h | 58m 46s | $894K | $328K | 3x |
OKX IOTA-USDT-SWAP
Hyperliquid IOTAFunding 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: +0.208% → −0.067%
- $27.53
- Slippage, 4 orders
- −$124.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$116.31
- Costs to cover
- 1.438%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 1 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, 3 min ago | 3.15 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 0.94 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0888% | 1h | 0.04762 | +0.121% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0084% | 8h | 0.04769 | +0.273% | $165K | $43K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04766 | +0.208% | $894K | $328K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04763 | +0.142% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04760 | +0.084% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04756 | long leg | $553K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04765 | +0.189% | $821K | $255K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04762 | +0.126% | $584K | $173K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04772 | +0.336% | $1.8M | $721K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04761 | +0.105% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04761 | +0.098% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0868% | 8h | 0.04772 | +0.336% | $2.7M | $228K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM