Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.112%
Price spread now: Hyperliquid against OKX0.000%7-day average −0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.178%+$118 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now 0.000%, 7d avg −0.060%
=Together, before fees+1.029%+ Points / potential airdropHyperliquid: Season 2 · farm board+$103 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 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOPH-USDT-SWAP | 0.004506 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $999K | $1.6M | 10x |
| Short | Hyperliquid SOPH | 0.004506 | 0.0100 | get 0.0013% / 1h | 6m 25s | $537K | $159K | 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: 0.000% → −0.060%
- $6
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Hyperliquid: live order book, 13 min ago. Net counts fees only.
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, 5 min ago | 3.33 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 4.43 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SOPH on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SOPHshort | +0.0100% | 1h | 0.004506 | 0.000% | $537K | $159K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004507 | +0.014% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004507 | +0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAPlong | +0.0100% | 4h | 0.004506 | long leg | $999K | $1.6M | 10x | |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004506 | 0.000% | $746K | $198K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004507 | +0.022% | $1.0M | $176K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004509 | +0.067% | $961K | $42K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004509 | +0.067% | $663K | $227K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004506 | 0.000% | — | $6.6M | — | as long as short |
OKX SOPH-USDT-SWAP
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT