Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.097%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.097%, 7d avg −0.029%
=Together, before fees−0.193%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 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 0.126% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEME-USDT-SWAP | 0.0006194 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $630K | $2.1M | 20x |
| Short | Hyperliquid MEME | 0.0006200 | 0.0100 | get 0.0013% / 1h | 20m 20s | $566K | $162K | 3x |
Funding 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: +0.097% → −0.029%
- $12.59
- Slippage, 4 orders
- −$77.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$84.28
- Costs to cover
- 0.969%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 19 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, 2 min ago | 4.04 bp | 17.3 bp −$17 | 1713.1 bp −$17.1K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 19 min ago | 16.29 bp | 31.6 bp −$32 | 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 | 0.0006190 | −0.065% | — | — | 100x | as long as short |
| Hyperliquid MEMEshort | +0.0100% | 1h | 0.0006200 | +0.097% | $566K | $162K | 3x | |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006194 | 0.000% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006200 | +0.097% | $1.3M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAPlong | +0.0100% | 4h | 0.0006194 | long leg | $630K | $2.1M | 20x | |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006188 | −0.097% | $434K | $81K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006199 | +0.081% | $857K | $391K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006192 | −0.032% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006197 | +0.048% | $445K | $757K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006195 | +0.016% | — | $2.4M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDT | +0.0149% | 4h | 0.0006193 | −0.016% | $128K | $6K | 50x | as long as short |
OKX MEME-USDT-SWAP
Hyperliquid MEME
GMX MEME/USD [WBTC.b-USDC]
Binance MEMEUSDT
Bybit MEMEUSDT
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDT
BloFin MEME-USDT