Funding you earn now, next payment 22:00 UTC+0.1279%/8h= +140.0% APRpaid last 24h +0.179%
Price spread now: Hyperliquid against OKX+0.169%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.430%+$43 on $10k
+Price spread, last 7 days−0.221%−$22 · spread now +0.169%, 7d avg +0.104%
=Together, before fees+0.209%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Hyperliquid is 0.065% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.104%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.430% in total (about 22.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SYRUP-USDT-SWAP | 0.2303 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.2M | $964K | 20x |
| Short | Hyperliquid SYRUP | 0.2307 | 0.1379 | get 0.0172% / 1h | 40m 22s | $5.7M | $1.3M | 3x |
OKX SYRUP-USDT-SWAP
Hyperliquid SYRUPFunding 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
- $268.58
- Price spread: +0.169% → +0.104%
- $6.52
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $256.1
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: OKX: live order book, 1 min ago; Hyperliquid: live order book, 2 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 OKX live order book, 1 min ago | 2.17 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2306 | +0.152% | $209K | $225K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2302 | −0.045% | $11K | $59K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2302 | −0.050% | $9.7M | $6.2M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2303 | +0.009% | $2.3M | $1.8M | 25x | as long as short |
| OKX SYRUP-USDT-SWAPlong | +0.0100% | 4h | 0.2303 | long leg | $1.2M | $964K | 20x | |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2302 | −0.043% | $431K | $65K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2301 | −0.087% | $3.1M | $566K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2307 | +0.156% | $2.0M | $105K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2305 | +0.087% | $672K | $409K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2303 | −0.013% | — | $6.5M | — | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2303 | +0.003% | $165K | $48K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2303 | +0.011% | — | — | 5x | as long as short |
| BloFin SYRUP-USDT | +0.0159% | 4h | 0.2302 | −0.056% | $473K | $131K | 50x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2301 | −0.104% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0980% | 1h | 0.2306 | +0.144% | $42K | $24K | 10x | as long as short |
| Hyperliquid SYRUPshort | +0.1379% | 1h | 0.2307 | +0.169% | $5.7M | $1.3M | 3x |
Variational Omni SYRUP
Reya SYRUPRUSDPERP
BloFin SYRUP-USDT
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD