Funding you earn now, next payment 04:00 UTC+0.0756%/8h= +82.8% APRpaid last 24h −0.004%
Price spread now: OKX against Hyperliquid−0.166%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.166%, 7d avg −0.062%
=Together, before fees−0.202%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.104% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.062%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.348%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.348% in total (about -18.1% 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 CASHCAT | 0.1605 | 0.0100 | pay 0.0013% / 1h | 16m 42s | $43.9M | $20.0M | 3x |
| Short | OKX CASHCAT-USDT-SWAP | 0.1602 | 0.0856 | get 0.0428% / 4h | 16m 42s | $1.4M | $11.0M | 20x |
Funding 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
- $158.8
- Price spread: −0.166% → −0.062%
- −$10.35
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $129.45
- Costs to cover
- 0.190%
- Break-even
- 1.3 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; OKX: live order book, 1 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 Hyperliquid live order book, 7 min ago | 1.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.12 bp | 31.0 bp −$31 | 97.3 bp −$973 | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | +0.0096% | 1h | 0.1602 | −0.172% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1605 | +0.009% | $316K | $848K | 3x | as long as short |
| Hyperliquid CASHCATlong | +0.0100% | 1h | 0.1605 | long leg | $43.9M | $20.0M | 3x | |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1601 | −0.241% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1602 | −0.160% | $558K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1604 | −0.066% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1595 | −0.602% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1602 | −0.192% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1604 | −0.066% | $481 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1595 | −0.590% | $18K | $330K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0140% | 1h | 0.1603 | −0.088% | $217K | $202K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0168% | 4h | 0.1605 | +0.015% | $8.0M | $523K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0168% | 4h | 0.1601 | −0.247% | $12.1M | $18.8M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0210% | 4h | 0.1601 | −0.239% | $48K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1600 | −0.282% | $98K | $608K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0791% | 4h | 0.1602 | −0.166% | — | $1.0M | — | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0832% | 1h | 0.1605 | +0.040% | $64K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAPshort | +0.0856% | 4h | 0.1602 | −0.166% | $1.4M | $11.0M | 20x | |
| BloFin CASHCAT-USDT | +0.1096% | 4h | 0.1605 | +0.021% | $52K | $502K | 20x | as long as short |
| Aster CASHCATUSDT | +0.2106% | 1h | 0.1603 | −0.119% | $533K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1600 | −0.312% | $96K | $264K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1618 | +0.831% | $8K | $18K | 5.5x | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Lighter CASHCAT
Lighter RH CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Extended CASHCAT-USD
BingX CASHCAT-USDT
Polymarket Perps CASHCAT-USD
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP