Funding you earn now, next payment 00:00 UTC+0.0285%/8h= +31.2% APRpaid last 24h +0.012%
Price spread now: Hyperliquid against OKX+0.211%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.194%−$19 · spread now +0.211%, 7d avg +0.085%
=Together, before fees−0.174%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.127% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.085%.
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 | OKX TIA-USDT-SWAP | 0.4358 | −0.0185 | get 0.0092% / 4h | 31m 02s | $2.8M | $6.0M | 50x |
| Short | Hyperliquid TIA | 0.4367 | 0.0100 | get 0.0013% / 1h | 31m 02s | $4.3M | $1.5M | 5x |
OKX TIA-USDT-SWAP
Hyperliquid TIAFunding 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
- $59.82
- Price spread: +0.211% → +0.085%
- $12.65
- Slippage, 4 orders
- −$33.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $19.69
- Costs to cover
- 0.528%
- Break-even
- 4.7 days
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 11 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, 2 min ago | 1.15 bp | 12.4 bp −$12 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.92 bp | 10.7 bp −$11 | doesn't fit | 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-SWAPlong | −0.0185% | 4h | 0.4358 | long leg | $2.8M | $6.0M | 50x | |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4363 | +0.113% | $358K | $246K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0038% | 4h | 0.4359 | +0.023% | $4.2M | $8.7M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4364 | +0.138% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4366 | +0.176% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0012% | 1h | 0.4363 | +0.115% | $49K | $235K | 50x | as long as short |
| Gate TIA_USDT | +0.0072% | 4h | 0.4362 | +0.092% | $983K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4369 | +0.246% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4364 | +0.138% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4367 | +0.211% | $4.3M | $1.5M | 5x |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Gate TIA_USDT
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4364 | +0.141% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4362 | +0.092% | $14.5M | $42.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4359 | +0.023% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4361 | +0.069% | $13.4M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4360 | +0.046% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4361 | +0.069% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4362 | +0.099% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4361 | +0.069% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4379 | +0.482% | $66K | $43K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4359 | +0.023% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4363 | +0.103% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4361 | +0.075% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.711% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4368 | +0.229% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4361 | +0.069% | $1.2M | $571K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4364 | +0.146% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0666% | 1h | 0.4366 | +0.193% | $52K | $59 | 10x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
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