Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.239%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.239%, 7d avg −0.083%
=Together, before fees+0.022%+ 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: OKX is 0.156% cheaper against Hyperliquid than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0693 | 0.0100 | pay 0.0013% / 1h | 55m 44s | $256K | $702K | 5x |
| Short | OKX AXS-USDT-SWAP | 1.0667 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.5M | $3.0M | 20x |
Hyperliquid AXS
OKX AXS-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
- $0
- Price spread: −0.239% → −0.083%
- −$15.61
- Slippage, 4 orders
- −$53.14
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.75
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 44 min ago; OKX: live order book, 1 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, 44 min ago | 1.41 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.40 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −1.053% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0710 | +0.163% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0710 | +0.163% | $36K | $42K | 5x | as long as short |
| BloFin AXS-USDT | +0.0099% | 4h | 1.0709 | +0.153% | $280K | $29K | 75x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0693 | long leg | $256K | $702K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0684 | −0.081% | $72K | $15K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0669 | −0.216% | $6.0M | $10.5M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0671 | −0.202% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0100% | 4h | 1.0667 | −0.239% | $1.5M | $3.0M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0706 | +0.125% | $846K | $389K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
BloFin AXS-USDT
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0687 | −0.052% | $11.6M | $635K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0690 | −0.024% | $591K | $266K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0670 | −0.211% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0666 | −0.249% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0713 | +0.195% | $36K | $783 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0732 | +0.371% | $769K | $857K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0714 | +0.200% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0711 | +0.172% | $790 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0692 | −0.007% | $7K | $249K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0620% | 1h | 1.0720 | +0.258% | $146K | $341K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD