Funding you earn now, next payment 21:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.061%
Price spread now: OKX against Hyperliquid−0.147%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.147%, 7d avg −0.102%
=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 −$3 a day on $10k at the current rate, and OKX is 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.7969 | 0.0100 | pay 0.0013% / 1h | 10m 22s | $95.3M | $60.3M | 10x |
| Short | OKX UNI-USDT-SWAP | 8.7840 | 0.0010 | get 0.0010% / 8h | 3h 10m | $54.3M | $245.6M | 50x |
Hyperliquid UNI
OKX UNI-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
- −$18.84
- Price spread: −0.147% → −0.102%
- −$4.45
- Slippage, 4 orders
- −$10.68
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.98
- Costs to cover
- 0.297%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago | 0.40 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.57 bp | 8.7 bp −$9 | 14.5 bp −$145 | 84.3 bp −$8,434 | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0198% | 8h | 8.7958 | −0.012% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0189% | 8h | 8.7830 | −0.158% | $102.4M | $105.4M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.7930 | −0.044% | $549K | $129K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.7924 | −0.051% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAPshort | +0.0010% | 8h | 8.7840 | −0.147% | $54.3M | $245.6M | 50x | |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.7881 | −0.100% | $439 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.7848 | −0.138% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.7817 | −0.172% | $838K | $4.0M | 10x | as long as short |
| Hyperliquid UNIlong | +0.0100% | 1h | 8.7969 | long leg | $95.3M | $60.3M | 10x | |
| Aster UNIUSDT | +0.0100% | 8h | 8.7916 | −0.060% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.7880 | −0.101% | $296K | $562K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.7880 | −0.101% | $215.4M | $599.2M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.7960 | −0.010% | $271K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.7870 | −0.113% | $22.5M | $59.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.7890 | −0.090% | $42.8M | $24.7M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.7880 | −0.101% | $13.7M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.7820 | −0.169% | $31.8M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.7850 | −0.135% | — | $50.6M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.7968 | −0.001% | $973K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8108 | +0.158% | $166K | $341K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8162 | +0.220% | $612K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8150 | +0.206% | $83K | $727K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8030 | +0.069% | $104K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.7902 | −0.076% | $88K | $336K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7880 | −0.101% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.7915 | −0.061% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7855 | −0.130% | $25K | $670K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.7976 | +0.008% | $697K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8000 | +0.035% | $26.5M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.7818 | −0.172% | $310K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7880 | −0.101% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.8370 | +0.456% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7960 | −0.010% | $9.8M | $3.3M | 75x | as long as short |
| dYdX UNI-USD | +0.0262% | 1h | 8.7892 | −0.088% | $243K | $5K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0319% | 1h | 8.7911 | −0.066% | $4.9M | $7.3M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0358% | 1h | 8.7850 | −0.135% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0320% | 1h | 8.7918 | −0.058% | $551K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0561% | 1h | 8.8178 | +0.237% | $1K | $51K | 10x | as long as short |
| Lighter UNI | +0.0672% | 1h | 8.8052 | +0.094% | $4.5M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.4514% | 1h | 8.7900 | −0.078% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP