Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.099%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.099%, 7d avg +0.049%
=Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 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 0.050% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06332 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $2.1M | $3.3M | 50x |
| Short | Hyperliquid PYTH | 0.06338 | 0.0100 | get 0.0013% / 1h | 33m 03s | $1.7M | $1.5M | 5x |
OKX PYTH-USDT-SWAP
Hyperliquid PYTHFunding 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: +0.099% → +0.049%
- $5.04
- Slippage, 4 orders
- −$48.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62.94
- Costs to cover
- 0.680%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 8 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, 4 min ago | 3.15 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.36 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | +0.284% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06338 | +0.102% | $384K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0092% | 4h | 0.06332 | 0.000% | $1.1M | $465K | 75x | as long as short |
| Bybit PYTHUSDT | −0.0085% | 4h | 0.06334 | +0.032% | $7.4M | $4.9M | 50x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0065% | 1h | 0.06340 | +0.126% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | −0.0032% | 4h | 0.06347 | +0.237% | $425K | $121K | 75x | as long as short |
| Binance PYTHUSDT | −0.0018% | 4h | 0.06328 | −0.069% | $9.1M | $15.9M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0018% | 4h | 0.06328 | −0.063% | $9.4M | $2.4M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06345 | +0.202% | $188K | $19 | 5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.563% | $40K | $6K | 25x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
Bybit PYTHUSDT
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Coinbase International PYTH-PERP-INTXShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06330 | −0.032% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06345 | +0.205% | $196K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06340 | +0.130% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTHshort | +0.0100% | 1h | 0.06338 | +0.099% | $1.7M | $1.5M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06337 | +0.079% | $20K | $24K | 10x | as long as short |
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06332 | long leg | $2.1M | $3.3M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06347 | +0.237% | $1.5M | $306K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06341 | +0.142% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06335 | +0.047% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06342 | +0.162% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06340 | +0.118% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0280% | 1h | 0.06341 | +0.139% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06337 | +0.075% | — | — | 20x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Aster PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP
Reya PYTHRUSDPERP