Funding you earn now, next payment 08:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.063%
Price spread now: OKX against Hyperliquid−0.423%7-day average −0.395% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.423%, 7d avg −0.395%
=Together, before fees−0.060%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.028% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.395%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002836 | 0.0319 | pay 0.0040% / 1h | 14m 35s | $2.7M | $316K | 3x |
| Short | OKX LINEA-USDT-SWAP | 0.002824 | 0.0100 | get 0.0050% / 4h | 14m 35s | $1.2M | $993K | 50x |
Hyperliquid LINEA
OKX LINEA-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
- −$45.96
- Price spread: −0.423% → −0.395%
- −$2.79
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.75
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; OKX: live order book, 2 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 Hyperliquid live order book, 6 min ago | 1.77 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.54 bp | 27.7 bp −$28 | 131.4 bp −$1,314 | doesn't fit | doesn't fit |
LINEA on 21 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 LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.917% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0084% | 4h | 0.002828 | −0.282% | $211K | $31K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002831 | −0.176% | $111K | $49K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002828 | −0.276% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002826 | −0.353% | $4.0M | $4.0M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002825 | −0.388% | $2.9M | $876K | 50x | as long as short |
| OKX LINEA-USDT-SWAPshort | +0.0100% | 4h | 0.002824 | −0.423% | $1.2M | $993K | 50x | |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002829 | −0.247% | $229K | $84K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002826 | −0.353% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002827 | −0.317% | $503K | $75K | 50x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002829 | −0.247% | $1.1M | $450K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002827 | −0.317% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002826 | −0.349% | $87K | $62K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002823 | −0.456% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002826 | −0.357% | $145K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.212% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002880 | +1.551% | $1K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002826 | −0.358% | $10K | $213K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0278% | 1h | 0.002825 | −0.389% | $4K | — | 3x | as long as short |
| Hyperliquid LINEAlong | +0.0319% | 1h | 0.002836 | long leg | $2.7M | $316K | 3x | |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0179% | 1h | 0.002827 | −0.317% | $32K | — | 100x | as long as short |
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]