Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: OKX against Hyperliquid−0.250%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.246%+$25 · spread now −0.250%, 7d avg −0.087%
=Together, before fees+0.203%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 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 0.163% 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 −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09327 | 0.0100 | pay 0.0013% / 1h | 55m 32s | $8.9M | $2.9M | 5x |
| Short | OKX HBAR-USDT-SWAP | 0.09304 | 0.0100 | get 0.0100% / 8h | 7h 55m | $6.9M | $25.3M | 50x |
Hyperliquid HBAR
OKX HBAR-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: −0.250% → −0.087%
- −$16.29
- Slippage, 4 orders
- −$22.28
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.57
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago | 0.70 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.54 bp | 9.7 bp −$10 | 17.1 bp −$171 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0320% | 8h | 0.09301 | −0.282% | $2.4M | $3.3M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0073% | 8h | 0.09306 | −0.228% | $7.4M | $7.9M | 75x | as long as short |
| Phemex HBARUSDT | −0.0044% | 8h | 0.09317 | −0.110% | $2.2M | $2.2M | 50x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0037% | 8h | 0.09349 | +0.233% | $384K | $2.2M | 10x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09310 | −0.188% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09320 | −0.074% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.646% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09324 | −0.035% | $223K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09324 | −0.039% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09324 | −0.033% | $1.0M | $202K | — | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Phemex HBARUSDT
GRVT HBAR_USDT_Perp
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09313 | −0.153% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0084% | 8h | 0.09303 | −0.261% | $35.0M | $109.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09302 | −0.271% | $25.9M | $22.1M | 200x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09298 | −0.310% | $52K | $213K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09311 | −0.175% | $571K | $547K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09327 | long leg | $8.9M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09308 | −0.209% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09302 | −0.271% | $33.1M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAPshort | +0.0100% | 8h | 0.09304 | −0.250% | $6.9M | $25.3M | 50x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09302 | −0.271% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09302 | −0.271% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09317 | −0.110% | $37K | $103K | 15x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09356 | +0.308% | $150K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09315 | −0.132% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09328 | +0.008% | $74K | $59K | 20x | as long as short |
| BloFin HBAR-USDT | +0.0206% | 8h | 0.09346 | +0.200% | $1.5M | $5.9M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0394% | 1h | 0.09324 | −0.035% | $513K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0490% / S −0.0555% | 1h | 0.09316 | −0.116% | $116K | — | 100x | as long as short |
Orderly PERP_HBAR_USDC
Binance HBARUSDT
MEXC HBAR_USDT
Extended HBAR-USD
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]