Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.066%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1461.458% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.066%, 7d avg −0.082%
=Together, before fees−0.223%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 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 0.149% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04814 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $562K | $1.4M | 20x |
| Short | Hyperliquid IOTA | 0.04817 | 0.0100 | get 0.0013% / 1h | 19m 06s | $832K | $239K | 3x |
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: +0.066% → −0.082%
- $14.87
- Slippage, 4 orders
- −$126.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$130.95
- Costs to cover
- 1.458%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 61 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 | 3.11 bp | 22.4 bp −$22 | 4911.0 bp −$49.1K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 61 min ago | 1.04 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
IOTA 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_IOTAUSD | −0.0797% | 1h | 0.04818 | +0.076% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0096% | 8h | 0.04812 | −0.042% | $169K | $36K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04817 | +0.066% | $832K | $239K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04817 | +0.064% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04819 | +0.104% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04814 | long leg | $562K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04819 | +0.104% | $886K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04817 | +0.062% | $601K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04827 | +0.270% | $1.8M | $666K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | +0.166% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04820 | +0.123% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0653% | 8h | 0.04832 | +0.374% | $2.7M | $231K | 30x | as long as short |
OKX IOTA-USDT-SWAP
Hyperliquid IOTA
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM