Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.032%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$970.973% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.032%, 7d avg +0.023%
=Together, before fees+0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.055% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MEME | 0.0006210 | 0.0100 | pay 0.0013% / 1h | 44m 04s | $560K | $193K | 3x |
| Short | OKX MEME-USDT-SWAP | 0.0006208 | 0.0100 | get 0.0050% / 4h | 2h 44m | $630K | $2.1M | 20x |
Hyperliquid MEME
OKX MEME-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: −0.032% → +0.023%
- −$5.53
- Slippage, 4 orders
- −$78.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$102.79
- Costs to cover
- 0.973%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 36 min ago; OKX: live order book, 3 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, 36 min ago | 7.99 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.21 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006210 | 0.000% | — | — | 100x | as long as short |
| Bybit MEMEUSDT | +0.0089% | 4h | 0.0006213 | +0.048% | $1.3M | $702K | 50x | as long as short |
| Hyperliquid MEMElong | +0.0100% | 1h | 0.0006210 | long leg | $560K | $193K | 3x | |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006209 | −0.008% | $2.5M | $5.1M | 50x | as long as short |
| OKX MEME-USDT-SWAPshort | +0.0100% | 4h | 0.0006208 | −0.032% | $630K | $2.1M | 20x | |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006213 | +0.048% | $438K | $87K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006209 | −0.016% | $849K | $442K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006218 | +0.129% | $184K | $47K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006215 | +0.081% | $479K | $818K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006211 | +0.016% | — | $2.4M | — | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Bybit MEMEUSDT
Binance MEMEUSDT
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDT | +0.0133% | 4h | 0.0006241 | +0.499% | $129K | $6K | 50x | as long as short |
BloFin MEME-USDT