Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.012%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.012%, 7d avg −0.035%
=Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 0.046% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SUSHI-USDT-SWAP | 0.2549 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $1.6M | $3.2M | 50x |
| Short | Hyperliquid SUSHI | 0.2549 | 0.0100 | get 0.0013% / 1h | 7m 02s | $361K | $345K | 3x |
OKX SUSHI-USDT-SWAP
Hyperliquid SUSHIFunding 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: +0.012% → −0.035%
- $4.64
- Slippage, 4 orders
- −$50.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.71
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; Hyperliquid: live order book, 33 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, just now | 3.92 bp | 17.3 bp −$17 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 33 min ago | 3.76 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
SUSHI on 14 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 | −0.0015% | 8h | 0.2546 | −0.118% | $1.0M | $706K | 50x | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.157% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0055% | 8h | 0.2545 | −0.174% | $41K | $14K | — | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2549 | +0.012% | $361K | $345K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2547 | −0.090% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2548 | −0.022% | $3.9M | $9.2M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2546 | −0.118% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAPlong | +0.0100% | 8h | 0.2549 | long leg | $1.6M | $3.2M | 50x | |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2548 | −0.039% | $561K | $268K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2548 | −0.039% | $1.2M | $303K | 75x | as long as short |
Bitget SUSHIUSDT
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2547 | −0.078% | $1.2M | $230K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2547 | −0.078% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2551 | +0.078% | $88K | $49K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0132% | 1h | 0.2550 | +0.048% | $766K | $68K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD