Funding you earn now, next payment 01:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h +0.028%
Price spread now: Hyperliquid against OKX+0.238%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.238%, 7d avg +0.086%
=Together, before fees−0.192%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.151% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TIA-USDT-SWAP | 0.4373 | −0.0169 | get 0.0085% / 4h | 3h 33m | $2.8M | $5.9M | 50x |
| Short | Hyperliquid TIA | 0.4383 | 0.0100 | get 0.0013% / 1h | 33m 12s | $4.5M | $1.5M | 5x |
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
- $56.56
- Price spread: +0.238% → +0.086%
- $15.14
- Slippage, 4 orders
- −$37.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $15.56
- Costs to cover
- 0.561%
- Break-even
- 5.1 days
Slippage from OKX: live order book, 5 min ago; Hyperliquid: live order book, 9 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, 5 min ago | 1.14 bp | 13.2 bp −$13 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.11 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAPlong | −0.0169% | 4h | 0.4373 | long leg | $2.8M | $5.9M | 50x | |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4377 | +0.098% | $360K | $233K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0038% | 4h | 0.4376 | +0.069% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4378 | +0.114% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4379 | +0.137% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0041% | 1h | 0.4373 | 0.000% | $49K | $235K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4382 | +0.213% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4377 | +0.091% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4383 | +0.238% | $4.5M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4378 | +0.118% | $34K | $249K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4377 | +0.094% | $14.6M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4374 | +0.023% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4379 | +0.137% | $983K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4377 | +0.091% | $13.2M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4377 | +0.091% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4377 | +0.091% | — | $98.9M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4378 | +0.123% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4370 | −0.073% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4376 | +0.069% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4375 | +0.037% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4377 | +0.083% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4382 | +0.206% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4376 | +0.060% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.366% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4377 | +0.091% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4378 | +0.107% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0894% | 1h | 0.4377 | +0.096% | $52K | $59 | 10x | as long as short |
OKX TIA-USDT-SWAP
Hyperliquid TIA
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]