Funding you earn now, next payment 00:00 UTC−0.0197%/8h= −21.6% APRpaid last 24h +0.013%
Price spread now: OKX against Hyperliquid−0.033%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now −0.033%, 7d avg −0.038%
=Together, before fees−0.189%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% 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 | Hyperliquid ATOM | 1.8086 | 0.0100 | pay 0.0013% / 1h | 2m 29s | $2.8M | $853K | 5x |
| Short | OKX ATOM-USDT-SWAP | 1.8080 | −0.0097 | pay 0.0097% / 8h | 2m 29s | $5.2M | $5.5M | 50x |
Hyperliquid ATOM
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Hyperliquid. 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
- −$41.36
- Price spread: −0.033% → −0.038%
- $0.5
- Slippage, 4 orders
- −$38.22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.07
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; OKX: live order book, 5 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 Hyperliquid live order book, 9 min ago | 0.28 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.77 bp | 13.0 bp −$13 | 32.7 bp −$327 | doesn't fit | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8106 | +0.111% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAPshort | −0.0097% | 8h | 1.8080 | −0.033% | $5.2M | $5.5M | 50x | |
| Variational Omni ATOM | −0.0049% | 8h | 1.8043 | −0.240% | $577K | $80K | — | as long as short |
| Bybit ATOMUSDT | −0.0037% | 8h | 1.8070 | −0.088% | $15.1M | $10.7M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8104 | +0.100% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8097 | +0.059% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8080 | −0.033% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOMlong | +0.0100% | 1h | 1.8086 | long leg | $2.8M | $853K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8091 | +0.026% | $984K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.022% | $21.5M | $31.1M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | +0.022% | $2.5M | $851K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8070 | −0.088% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.077% | $1.6M | $791K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8093 | +0.039% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | −0.033% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8058 | −0.155% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8069 | −0.094% | $764K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8105 | +0.105% | $310K | $168K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.022% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8097 | +0.059% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0110% | 8h | 1.8090 | +0.022% | $1.1M | $326K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8100 | +0.077% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8089 | +0.018% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8077 | −0.049% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0243% | 1h | 1.8126 | +0.221% | $3.1M | $693K | 50x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD