Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.029%
Price spread now: OKX against Hyperliquid−0.129%7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.129%, 7d avg −0.097%
=Together, before fees+0.035%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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: OKX is 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETHFI | 0.6981 | 0.0100 | pay 0.0013% / 1h | 56m 59s | $16.7M | $8.7M | 5x |
| Short | OKX ETHFI-USDT-SWAP | 0.6972 | 0.0100 | get 0.0050% / 4h | 3h 56m | $5.1M | $12.6M | 20x |
Hyperliquid ETHFI
OKX ETHFI-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
- $0
- Price spread: −0.129% → −0.097%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.2
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 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, 6 min ago | 1.72 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.72 bp | 15.3 bp −$15 | 49.4 bp −$494 | doesn't fit | doesn't fit |
ETHFI on 24 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 ETHFI_USDC-PERPETUAL | −0.0323% | 1h | 0.6977 | −0.057% | $41K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0284% | 4h | 0.6974 | −0.100% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0254% | 4h | 0.6963 | −0.264% | $917K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0118% | 8h | 0.6971 | −0.143% | $6K | — | 5x | as long as short |
| HTX ETHFI-USDT | −0.0106% | 4h | 0.6963 | −0.258% | $83K | $149K | 20x | as long as short |
| Binance ETHFIUSDT | 0.0000% | 4h | 0.6966 | −0.210% | $24.3M | $36.0M | 75x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6966 | −0.220% | $95K | $505K | 10x | as long as short |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6967 | −0.201% | $15.7M | $4.1M | 125x | as long as short |
| Bybit ETHFIUSDT | +0.0004% | 4h | 0.6967 | −0.201% | $17.1M | $12.9M | 25x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.710% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
HTX ETHFI-USDT
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Bybit ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6973 | −0.118% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6984 | +0.049% | $1.1M | $823K | 5x | as long as short |
| Hyperliquid ETHFIlong | +0.0100% | 1h | 0.6981 | long leg | $16.7M | $8.7M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6970 | −0.158% | $178K | $224K | 10x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.6972 | −0.129% | $5.1M | $12.6M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6979 | −0.029% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6970 | −0.158% | $1.2M | $215K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6970 | −0.158% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6971 | −0.143% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6981 | 0.000% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6985 | +0.057% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0240% | 4h | 0.6974 | −0.100% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.129% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0865% | 1h | 0.6984 | +0.049% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Aster ETHFIUSDT
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD