Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.021%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.021%, 7d avg −0.057%
=Together, before fees−0.031%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 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 0.078% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009361 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $3.4M | $8.7M | 20x |
| Short | Hyperliquid PEOPLE | 0.009363 | 0.0100 | get 0.0013% / 1h | 5m 15s | $433K | $211K | 3x |
Funding 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: +0.021% → −0.057%
- $7.83
- Slippage, 4 orders
- −$52.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$63.98
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 45 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, 3 min ago | 3.74 bp | 19.2 bp −$19 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 45 min ago | 1.09 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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 | −0.1334% | 1h | 0.009364 | +0.028% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0124% | 8h | 0.009370 | +0.096% | $728K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0024% | 8h | 0.009348 | −0.141% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0020% | 8h | 0.009362 | +0.011% | $711K | $132K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0094% | 8h | 0.009391 | +0.320% | $354K | $89K | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009363 | +0.021% | $433K | $211K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009366 | +0.058% | $9K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009369 | +0.084% | $5.7M | $15.5M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009362 | +0.011% | $1.7M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPlong | +0.0100% | 8h | 0.009361 | long leg | $3.4M | $8.7M | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009363 | +0.021% | $722K | $312K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009371 | +0.107% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009362 | +0.011% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009357 | −0.043% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009366 | +0.058% | $188 | — | 5x | as long as short |
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD