Funding you earn now, next payment 07:00 UTC+0.0386%/8h= +42.3% APRpaid last 24h −0.015%
Price spread now: OKX against Hyperliquid−0.675%7-day average +0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.147%−$115 on $10k
+Price spread, last 4 days (all we have)+0.804%+$80 · spread now −0.675%, 7d avg +0.053%
=Together, before fees−0.343%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.728% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.675% now, against its 7-day average of +0.053%). If the spread goes back, that is −$73 on $10k: about 6.3 days of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −1.147%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SOPH | 0.003854 | −0.0286 | get 0.0036% / 1h | 42m 35s | $409K | $331K | 3x |
| Short | OKX SOPH-USDT-SWAP | 0.003828 | 0.0100 | get 0.0050% / 4h | 1h 42m | $806K | $2.6M | 10x |
Hyperliquid SOPH
OKX SOPH-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
- $81.05
- Price spread: −0.675% → +0.053%
- −$72.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$10.76
- Costs to cover
- 0.190%
- Break-even
- 7.9 days
Slippage unknown: Hyperliquid: live order book, 27 min ago; OKX: live order book, 4 min ago. Net counts fees only.
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, 27 min ago | 2.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.60 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
SOPH on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SOPHlong | −0.0286% | 1h | 0.003854 | long leg | $409K | $331K | 3x | |
| BingX SOPH-USDT | +0.0070% | 4h | 0.003853 | −0.026% | — | $6.6M | — | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.003847 | −0.171% | $4.9M | $9.4M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.003829 | −0.649% | $1.9M | $2.5M | 25x | as long as short |
| OKX SOPH-USDT-SWAPshort | +0.0100% | 4h | 0.003828 | −0.675% | $806K | $2.6M | 10x | |
| Gate SOPH_USDT | +0.0100% | 4h | 0.003855 | +0.026% | $630K | $309K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.003852 | −0.052% | $1.1M | $302K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.003854 | 0.000% | $826K | $95K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.003824 | −0.778% | $525K | $401K | 25x | as long as short |
BingX SOPH-USDT
Binance SOPHUSDT
Bybit SOPHUSDT
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT