Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against OKX+0.031%7-day average +0.097% · you sell dearer than you buy
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−0.031%−$3 · spread now +0.031%, 7d avg +0.097%
=Together, before fees+0.060%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.066% cheaper against OKX than usual: you would sell low and buy high, −$7 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 | OKX ETHFI-USDT-SWAP | 0.6990 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $5.1M | $12.5M | 20x |
| Short | Hyperliquid ETHFI | 0.6992 | 0.0100 | get 0.0013% / 1h | 15m 23s | $16.7M | $8.7M | 5x |
Funding 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: +0.031% → +0.097%
- −$6.59
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.59
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Hyperliquid: live order book, 7 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 OKX live order book, 3 min ago | 0.71 bp | 14.7 bp −$15 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 0.64 bp | 10.0 bp −$10 | doesn't fit | 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 | −0.0464% | 1h | 0.6998 | +0.114% | $41K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0330% | 4h | 0.6985 | −0.072% | $83K | $144K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0277% | 4h | 0.6986 | −0.057% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0209% | 4h | 0.6996 | +0.086% | $933K | $786K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0058% | 8h | 0.6992 | +0.029% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.577% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0054% | 4h | 0.6991 | +0.014% | $15.8M | $4.3M | 125x | as long as short |
| Aster ETHFIUSDT | +0.0055% | 4h | 0.6992 | +0.026% | $179K | $228K | 10x | as long as short |
| Extended ETHFI-USD | +0.0056% | 1h | 0.6988 | −0.035% | $95K | $501K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0060% | 4h | 0.6985 | −0.069% | $24.5M | $35.4M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7004 | +0.205% | $1.1M | $836K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.6988 | −0.036% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.6992 | +0.031% | $16.7M | $8.7M | 5x | |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.6990 | 0.000% | $17.1M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPlong | +0.0100% | 4h | 0.6990 | long leg | $5.1M | $12.5M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6996 | +0.086% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6999 | +0.129% | $1.2M | $209K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6985 | −0.072% | $6.1M | $4.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6990 | 0.000% | — | $10.6M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6996 | +0.086% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7004 | +0.200% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0219% | 4h | 0.6992 | +0.029% | $1.2M | $233K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7020 | +0.429% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0862% | 1h | 0.7011 | +0.297% | $298K | $294K | 20x | as long as short |
OKX ETHFI-USDT-SWAP
Hyperliquid ETHFI
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Aster ETHFIUSDT
Extended ETHFI-USD
Binance ETHFIUSDT
Lighter ETHFI
Bybit ETHFIUSDT
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD