data as of
Settings8H · net · $10k
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC+0.0004%/8h
next payment, per $10,000+$0.01paid, last 24h+0.001%paid, last 7 days−0.109%to open and close $10k−$38
Long on LighterShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter OP0.12690.0096pay 0.0012% / 1h25m 46s$302K$881K15x
ShortHyperliquid OP0.12700.0100get 0.0013% / 1h25m 46s$4.0M$3.3M5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0.84
Slippage, 4 orders
−$28.79
Fee Lighter: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$36.95
Break-even
314.9 days
Slippage from Lighter: live order book, 11 min ago; Hyperliquid: live order book, 7 min ago.

Price risk

price view
Price gap now
+0.102%
Avg gap 7d
−0.012%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 11 min ago4.72 bp6.2 bp −$646.4 bp −$464doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.97 bp10.2 bp −$1022.0 bp −$220doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Bybit OPUSDT−0.0369%8h$17.9M$27.7M75xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$86K50xas long as short
Variational Omni OP−0.0108%8h$235K$43K—as long as short
Orderly PERP_OP_USDC−0.0075%8h$7K$53K10xas long as short
MEXC OP_USDT−0.0019%8h$20.3M$8.8M300xas long as short
Binance OPUSDT−0.0019%8h$20.8M$69.0M75xas long as short
Extended OP-USD−0.0016%1h$102K$208K25xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$48K$200K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
OKX OP-USDT-SWAP+0.0026%8h$6.0M$33.4M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
Aevo OP-PERP+0.0072%1h$4K—3xas long as short
Lighter OPlong+0.0096%1h$302K$881K15x
Hyperliquid OPshort+0.0100%1h$4.0M$3.3M5x
Aster OPUSDT+0.0100%8h$214K$465K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.4M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
edgeX OPUSDC+0.0100%4h$8K$381K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$185$6K5xas long as short
HTX OP-USDT+0.0100%8h$182K$268K50xas long as short
BloFin OP-USDT+0.0100%8h$1.0M$586K75xas long as short
Backpack OP_USDC_PERP+0.0109%1h$137K$189K10xas long as short
Reya OPRUSDPERP+0.0432%1h$707—20xas long as short
Kraken Futures PF_OPUSD+0.0469%1h$789K$679K20xas long as short