Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.360%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.360%, 7d avg −0.043%
=Together, before fees+0.274%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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 0.317% cheaper against Hyperliquid than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SNX | 0.2361 | 0.0100 | pay 0.0013% / 1h | 40m 41s | $430K | $153K | 3x |
| Short | OKX SNX-USDT-SWAP | 0.2353 | 0.0100 | get 0.0100% / 8h | 2h 40m | $843K | $1.2M | 20x |
Hyperliquid SNX
OKX SNX-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: −0.360% → −0.043%
- −$31.71
- Slippage, 4 orders
- −$72.22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.93
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 29 min ago; OKX: live order book, 1 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, 29 min ago | 1.05 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.12 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
SNX on 15 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 SNX/USDC PERP | −0.5000% | 1h | 0.2232 | −5.484% | $22K | $30K | 12x | as long as short |
| Hyperliquid SNXlong | +0.0100% | 1h | 0.2361 | long leg | $430K | $153K | 3x | |
| Aster SNXUSDT | +0.0100% | 8h | 0.2359 | −0.090% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2356 | −0.233% | $2.9M | $4.1M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2355 | −0.275% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAPshort | +0.0100% | 8h | 0.2353 | −0.360% | $843K | $1.2M | 20x | |
| Gate SNX_USDT | +0.0100% | 8h | 0.2367 | +0.233% | $240K | $95K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2358 | −0.148% | $1.7M | $691K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2358 | −0.148% | $668K | $2.0M | 30x | as long as short |
| Bitget SNXUSDT | +0.0100% | 8h | 0.2361 | −0.021% | $1.1M | $369K | 50x | as long as short |
Injective SNX/USDC PERP
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
Gate SNX_USDT
MEXC SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SNX-USDT | +0.0100% | 8h | 0.2361 | −0.021% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2362 | +0.005% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2358 | −0.148% | $2K | $1.5M | 20x | as long as short |
| BloFin SNX-USDT | +0.0101% | 8h | 0.2360 | −0.064% | $153K | $68K | 75x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0752% | 1h | 0.2365 | +0.148% | $141K | $65K | 25x | as long as short |
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
BloFin SNX-USDT
Kraken Futures PF_SNXUSD