Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against OKX−0.058%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.058%, 7d avg +0.068%
=Together, before fees+0.234%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 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 0.126% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008570 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $390K | $1.2M | 20x |
| Short | Hyperliquid GMT | 0.008565 | 0.0100 | get 0.0013% / 1h | 13m 03s | $120K | $153K | 3x |
OKX GMT-USDT-SWAP
Hyperliquid GMTFunding 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: −0.058% → +0.068%
- −$12.61
- Slippage, 4 orders
- −$116
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$147.61
- Costs to cover
- 1.350%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 26 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, 3 min ago | 4.66 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 26 min ago | 2.36 bp | 31.4 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1398% | 1h | 0.008573 | +0.041% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0133% | 8h | 0.008587 | +0.196% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0048% | 4h | 0.008570 | 0.000% | $243K | $205K | 50x | as long as short |
| Bybit GMTUSDT | +0.0030% | 8h | 0.008573 | +0.035% | $1.1M | $2.1M | 50x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008565 | −0.058% | $120K | $153K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008573 | +0.029% | $7K | $22K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008572 | +0.023% | $2.9M | $5.5M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008570 | long leg | $390K | $1.2M | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008580 | +0.117% | $140K | $178K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008571 | +0.012% | $434K | $220K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
Bybit GMTUSDT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008581 | +0.128% | $735K | $694K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008576 | +0.070% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT