Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.159%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.159%, 7d avg +0.086%
=Together, before fees+0.122%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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 0.073% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AXS-USDT-SWAP | 1.0702 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $1.4M | $2.9M | 20x |
| Short | Hyperliquid AXS | 1.0719 | 0.0100 | get 0.0013% / 1h | 53m 36s | $260K | $309K | 5x |
OKX AXS-USDT-SWAP
Hyperliquid AXSFunding 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: +0.159% → +0.086%
- $7.29
- Slippage, 4 orders
- −$53.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.87
- Costs to cover
- 0.722%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 16 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 | 2.33 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 16 min ago | 1.40 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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 AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.168% | $5 | $47K | 5.5x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0734 | +0.299% | $37K | $39K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0719 | +0.159% | $260K | $309K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0716 | +0.131% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0708 | +0.061% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0715 | +0.121% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAPlong | +0.0100% | 4h | 1.0702 | long leg | $1.4M | $2.9M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0715 | +0.121% | $851K | $826K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0717 | +0.140% | $11.5M | $663K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0710 | +0.075% | $597K | $281K | 50x | as long as short |
Injective AXS/USDC PERP
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDT | +0.0100% | 4h | 1.0710 | +0.075% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0709 | +0.065% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0728 | +0.244% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0710 | +0.076% | $760K | $882K | 10x | as long as short |
| Orderly PERP_AXS_USDC | +0.0100% | 4h | 1.0710 | +0.075% | $3K | — | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0705 | +0.028% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0703 | +0.009% | $747 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0705 | +0.030% | $7K | $223K | 10x | as long as short |
| BloFin AXS-USDT | +0.0135% | 4h | 1.0713 | +0.103% | $280K | $28K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0413% | 1h | 1.0712 | +0.096% | $140K | $347K | 20x | as long as short |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
Orderly PERP_AXS_USDC
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD