Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.019%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now +0.019%, 7d avg +0.049%
=Together, before fees+0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 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 0.030% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06254 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.1M | $3.4M | 50x |
| Short | Hyperliquid PYTH | 0.06255 | 0.0100 | get 0.0013% / 1h | 57m 53s | $1.6M | $1.5M | 5x |
OKX PYTH-USDT-SWAP
Hyperliquid PYTHFunding 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: +0.019% → +0.049%
- −$2.99
- Slippage, 4 orders
- −$48.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$70.47
- Costs to cover
- 0.675%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Hyperliquid: 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 OKX live order book, 4 min ago | 0.80 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.80 bp | 17.4 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | +0.096% | $553 | $220K | 5.5x | as long as short |
| Backpack PYTH_USDC_PERP | −0.0330% | 1h | 0.06250 | −0.061% | $38K | $88K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0210% | 1h | 0.06244 | −0.158% | $379K | $253K | 25x | as long as short |
| Gate PYTH_USDT | −0.0074% | 4h | 0.06238 | −0.256% | $1.1M | $474K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06259 | +0.075% | $186K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06251 | −0.048% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0016% | 4h | 0.06254 | 0.000% | $420K | $115K | 75x | as long as short |
| Bybit PYTHUSDT | +0.0024% | 4h | 0.06250 | −0.064% | $7.4M | $5.1M | 50x | as long as short |
| Binance PYTHUSDT | +0.0028% | 4h | 0.06243 | −0.176% | $8.9M | $16.7M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0030% | 4h | 0.06243 | −0.176% | $9.1M | $2.3M | 125x | as long as short |
Injective PYTH/USDC PERP
Backpack PYTH_USDC_PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
Bybit PYTHUSDT
Binance PYTHUSDT
MEXC PYTH_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.830% | $40K | $6K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06245 | −0.144% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06252 | −0.032% | $196K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06250 | −0.066% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTHshort | +0.0100% | 1h | 0.06255 | +0.019% | $1.6M | $1.5M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06252 | −0.031% | $19K | $30K | 10x | as long as short |
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06254 | long leg | $2.1M | $3.4M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06248 | −0.096% | $1.5M | $313K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06253 | −0.016% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06247 | −0.112% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06249 | −0.076% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06248 | −0.094% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06248 | −0.091% | — | — | 20x | as long as short |
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Aster PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP