Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.059%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.059%, 7d avg +0.034%
=Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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 0.093% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUSHI | 0.2527 | 0.0100 | pay 0.0013% / 1h | 12m 40s | $353K | $334K | 3x |
| Short | OKX SUSHI-USDT-SWAP | 0.2526 | 0.0100 | get 0.0100% / 8h | 3h 12m | $1.6M | $3.4M | 50x |
Funding 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: −0.059% → +0.034%
- −$9.3
- Slippage, 4 orders
- −$52.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.13
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 67 min ago; OKX: live order book, 5 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, 67 min ago | 2.36 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.95 bp | 14.8 bp −$15 | 45.6 bp −$456 | doesn't fit | doesn't fit |
SUSHI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDT | −0.0058% | 8h | 0.2528 | +0.020% | $1.0M | $713K | 50x | as long as short |
| Variational Omni SUSHI | −0.0003% | 8h | 0.2529 | +0.042% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.692% | $16 | $18K | 5.5x | as long as short |
| BloFin SUSHI-USDT | +0.0087% | 8h | 0.2529 | +0.059% | $211K | $38K | 75x | as long as short |
| Hyperliquid SUSHIlong | +0.0100% | 1h | 0.2527 | long leg | $353K | $334K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2529 | +0.044% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2523 | −0.176% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2523 | −0.178% | $2.5M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAPshort | +0.0100% | 8h | 0.2526 | −0.059% | $1.6M | $3.4M | 50x | |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2528 | +0.020% | $566K | $232K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2525 | −0.099% | $1.2M | $270K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2526 | −0.059% | $1.2M | $234K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2526 | −0.059% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2530 | +0.099% | $84K | $75K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0315% | 1h | 0.2529 | +0.078% | $761K | $62K | 20x | as long as short |
Hyperliquid SUSHI
OKX SUSHI-USDT-SWAP
Bitget SUSHIUSDT
Variational Omni SUSHI
Injective SUSHI/USDC PERP
BloFin SUSHI-USDT
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
Gate SUSHI_USDT
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD