Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.205%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now −0.205%, 7d avg −0.050%
=Together, before fees+0.173%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 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 0.155% cheaper against Hyperliquid than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06393 | 0.0100 | pay 0.0013% / 1h | 34m 35s | $2.3M | $1.8M | 5x |
| Short | OKX PYTH-USDT-SWAP | 0.06380 | 0.0100 | get 0.0050% / 4h | 3h 34m | $2.1M | $3.5M | 50x |
Hyperliquid PYTH
OKX PYTH-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: −0.205% → −0.050%
- −$15.49
- Slippage, 4 orders
- −$45.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.76
- Costs to cover
- 0.643%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 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, 6 min ago | 1.41 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.35 bp | 18.3 bp −$18 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0219% | 1h | 0.06388 | −0.080% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06388 | −0.081% | $190K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.082% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0050% | 4h | 0.06380 | −0.205% | $430K | $78K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0078% | 4h | 0.06381 | −0.189% | $10.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0078% | 4h | 0.06379 | −0.217% | $9.1M | $18.3M | 75x | as long as short |
| Aster PYTHUSDT | +0.0092% | 4h | 0.06391 | −0.036% | $20K | $45K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06392 | −0.017% | $193K | $208K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06391 | −0.036% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06379 | −0.225% | $3K | — | 10x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Aster PYTHUSDT
Lighter PYTH
Aevo PYTH-PERP
Paradex PYTH-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06393 | long leg | $2.3M | $1.8M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06382 | −0.174% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06380 | −0.205% | $2.1M | $3.5M | 50x | |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06378 | −0.236% | $1.1M | $518K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06386 | −0.111% | $1.5M | $346K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06384 | −0.142% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06382 | −0.174% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06392 | −0.017% | $38K | $63K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06383 | −0.152% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06384 | −0.139% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0152% | 1h | 0.06493 | +1.563% | $40K | $19K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0297% | 1h | 0.06389 | −0.071% | $394K | $297K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06379 | −0.221% | — | — | 20x | as long as short |
Bybit PYTHUSDT
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP