Funding you earn now, next payment 00:00 UTC−0.0306%/8h= −33.5% APRpaid last 24h −0.012%
Price spread now: OKX against Hyperliquid−0.231%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.214%+$21 · spread now −0.231%, 7d avg −0.085%
=Together, before fees+0.193%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.146% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% 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 | Hyperliquid TIA | 0.4375 | 0.0100 | pay 0.0013% / 1h | 7m 53s | $4.3M | $1.5M | 5x |
| Short | OKX TIA-USDT-SWAP | 0.4365 | −0.0206 | pay 0.0103% / 4h | 7m 53s | $2.8M | $6.0M | 50x |
Hyperliquid TIA
OKX TIA-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
- −$64.21
- Price spread: −0.231% → −0.085%
- −$14.63
- Slippage, 4 orders
- −$29.68
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$127.53
- Costs to cover
- 0.487%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 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, 4 min ago | 0.11 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.15 bp | 15.2 bp −$15 | 44.1 bp −$441 | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAPshort | −0.0206% | 4h | 0.4365 | −0.231% | $2.8M | $6.0M | 50x | |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4373 | −0.047% | $359K | $246K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4365 | −0.231% | $4.2M | $8.7M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4372 | −0.071% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4372 | −0.065% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0031% | 1h | 0.4358 | −0.391% | $49K | $235K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4376 | +0.025% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4370 | −0.117% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIAlong | +0.0100% | 1h | 0.4375 | long leg | $4.3M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4370 | −0.116% | $34K | $268K | 10x | as long as short |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4371 | −0.102% | $14.5M | $42.2M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4365 | −0.231% | $9.6M | $13.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4369 | −0.139% | $981K | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4368 | −0.162% | $13.3M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4367 | −0.185% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4369 | −0.139% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4371 | −0.098% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4356 | −0.440% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4370 | −0.117% | $65K | $44K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4366 | −0.210% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4371 | −0.082% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4368 | −0.163% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.318% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4360 | −0.345% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4369 | −0.139% | $1.2M | $577K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4371 | −0.088% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0711% | 1h | 0.4367 | −0.179% | $52K | $59 | 10x | as long as short |
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD