Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.049%
Price spread now: Hyperliquid against OKX+0.088%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.088%, 7d avg +0.048%
=Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 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: Hyperliquid is 0.040% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 787.40 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $53.5M | $112.9M | 50x |
| Short | Hyperliquid BNB | 788.09 | 0.0100 | get 0.0013% / 1h | 14m 05s | $51.6M | $17.6M | 10x |
OKX BNB-USDT-SWAP
Hyperliquid BNBFunding 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
- $0
- Price spread: +0.088% → +0.048%
- $4.01
- Slippage, 4 orders
- −$2.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.62
- Costs to cover
- 0.216%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Hyperliquid: live order book, 9 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, 5 min ago | 0.64 bp | 5.6 bp −$6 | 7.1 bp −$71 | 19.8 bp −$1,977 | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.19 bp | 5.4 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0192% / S +0.0356% | 1h | 786.81 | −0.074% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.17 | −0.029% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.41 | +0.001% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.00 | −0.051% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.247% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0039% | 8h | 787.98 | +0.074% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0048% | 8h | 787.65 | +0.032% | — | $22.2M | — | as long as short |
| Phemex BNBUSDT | +0.0059% | 8h | 787.76 | +0.046% | $68.9M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0063% | 8h | 788.20 | +0.102% | $80.5M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 788.16 | +0.097% | $491.0M | $813.7M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 787.34 | −0.007% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 785.85 | −0.197% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.61 | +0.027% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.11 | −0.037% | $265K | $490K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.60 | −0.102% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNBshort | +0.0100% | 1h | 788.09 | +0.088% | $51.6M | $17.6M | 10x | |
| Pacifica BNB | +0.0100% | 1h | 787.10 | −0.038% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.50 | +0.013% | $138.3M | $74.8M | 75x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 787.40 | long leg | $53.5M | $112.9M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 787.00 | −0.051% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.50 | +0.013% | $36.7M | $59.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.27 | −0.017% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.26 | −0.018% | $76.2M | $31.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.91 | +0.065% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.32 | −0.137% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.93 | −0.060% | $4.1M | $75.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.09 | −0.039% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.80 | −0.076% | $131K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.34 | −0.008% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.41 | +0.001% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.21 | −0.025% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 787.29 | −0.014% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.84 | −0.071% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.30 | −0.013% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 786.99 | −0.052% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0131% | 1h | 787.40 | 0.000% | $387K | $993K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0135% | 8h | 787.30 | −0.013% | $160K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0158% | 1h | 786.37 | −0.131% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0183% | 8h | 787.25 | −0.019% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0217% | 8h | 787.48 | +0.010% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 787.74 | +0.043% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 786.71 | −0.088% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0341% | 1h | 785.39 | −0.255% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 787.61 | +0.026% | $1.5M | $143K | 25x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 787.22 | −0.023% | $1.1M | $901K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 786.82 | −0.073% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
Hibachi BNB/USDT-P