Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: OKX against Hyperliquid−0.142%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1431.425% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.142%, 7d avg +0.068%
=Together, before fees+0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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 0.210% cheaper against Hyperliquid than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04723 | 0.0100 | pay 0.0013% / 1h | 30m 18s | $887K | $333K | 3x |
| Short | OKX IOTA-USDT-SWAP | 0.04716 | 0.0100 | get 0.0100% / 8h | 2h 30m | $549K | $1.4M | 20x |
Hyperliquid IOTA
OKX IOTA-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: −0.142% → +0.068%
- −$21
- Slippage, 4 orders
- −$123.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$163.52
- Costs to cover
- 1.425%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 50 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, 50 min ago | 1.56 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 5.30 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0085% | 1h | 0.04716 | −0.140% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0094% | 8h | 0.04725 | +0.049% | $165K | $42K | 75x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04723 | long leg | $887K | $333K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04714 | −0.187% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04718 | −0.100% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPshort | +0.0100% | 8h | 0.04716 | −0.142% | $549K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04724 | +0.028% | $816K | $259K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04721 | −0.036% | $565K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04724 | +0.028% | $1.8M | $721K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04720 | −0.057% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04715 | −0.168% | $37K | $20K | — | as long as short |
| KuCoin IOTAUSDTM | +0.1043% | 8h | 0.04732 | +0.197% | $2.7M | $235K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM