Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.075%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.075%, 7d avg +0.056%
=Together, before fees+0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.131% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009305 | 0.0100 | pay 0.0013% / 1h | 19m 09s | $430K | $223K | 3x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009298 | 0.0100 | get 0.0100% / 8h | 6h 19m | $3.3M | $8.9M | 20x |
Hyperliquid PEOPLE
OKX PEOPLE-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: −0.075% → +0.056%
- −$13.13
- Slippage, 4 orders
- −$58.79
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$90.91
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 21 min ago; OKX: live order book, 4 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, 21 min ago | 3.26 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.07 bp | 14.4 bp −$14 | 45.4 bp −$454 | doesn't fit | doesn't fit |
PEOPLE on 14 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_PEOPLEUSD | −0.1278% | 1h | 0.009294 | −0.117% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0264% | 8h | 0.009295 | −0.107% | $706K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0027% | 8h | 0.009304 | −0.008% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0036% | 8h | 0.009304 | −0.011% | $680K | $146K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0068% | 8h | 0.009300 | −0.054% | $1.7M | $2.3M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009305 | long leg | $430K | $223K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009292 | −0.141% | $8K | $73K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009304 | −0.009% | $5.7M | $16.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0100% | 8h | 0.009298 | −0.075% | $3.3M | $8.9M | 20x | |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009298 | −0.075% | $697K | $296K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Bybit PEOPLEUSDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
MEXC PEOPLE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009302 | −0.032% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009302 | −0.032% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009302 | −0.032% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009299 | −0.068% | $187 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD