data as of
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.0060%/8h
paid, last 24h−0.029%paid, last 7 days−0.064%to open and close $10k−$110
Long on HyperliquidShort on OKX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid W0.011750.0100pay 0.0013% / 1h10m 53s$2.0M$668K5x
ShortOKX W-USDT-SWAP0.011730.0040get 0.0020% / 4h10m 53s$1.3M$2.3M20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$12.61
Slippage, 4 orders
−$90.65
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$122.26
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.145%
Avg gap 7d
−0.052%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago8.53 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.99 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit

W on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack W_USDC_PERP−0.0645%1h$39K$48K15xas long as short
Deribit W_USDC-PERPETUAL0.0000%1h$18K$35110xas long as short
Injective W/USDC PERP+0.0033%1h$1K$36K12xas long as short
OKX W-USDT-SWAPshort+0.0040%4h$1.3M$2.3M20x
Hyperliquid Wlong+0.0100%1h$2.0M$668K5x
Binance WUSDT+0.0100%4h$2.9M$8.4M50xas long as short
Bybit WUSDT+0.0100%4h$4.1M$2.3M50xas long as short
Gate W_USDT+0.0100%4h$439K$335K75xas long as short
MEXC W_USDT+0.0100%4h$11.6M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h$410K$245K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget WUSDT+0.0100%4h$1.2M$585K50xas long as short
BingX W-USDT+0.0100%4h—$7.1M—as long as short
Variational Omni W+0.0100%4h$82K$30K—as long as short
Extended W-USD+0.0104%1h$59K$276K5xas long as short
Coinbase International W-PERP-INTX+0.0192%1h$14K$23K50xas long as short
Kraken Futures PF_WUSD+0.0741%1h$148K$194K20xas long as short