Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.080%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.080%, 7d avg +0.006%
=Together, before fees−0.172%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 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 0.074% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07542 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $473K | $1.3M | 20x |
| Short | Hyperliquid ME | 0.07548 | 0.0100 | get 0.0013% / 1h | 55m 38s | $235K | $134K | 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: +0.080% → +0.006%
- $7.4
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.6
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 1 min ago; Hyperliquid: live order book, 54 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, 1 min ago | 4.63 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 54 min ago | 1.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MEshort | +0.0100% | 1h | 0.07548 | +0.080% | $235K | $134K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07558 | +0.209% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07546 | +0.059% | $2.1M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07556 | +0.186% | $1.5M | $851K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07542 | long leg | $473K | $1.3M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | +0.106% | $195K | $79K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07547 | +0.066% | $505K | $124K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07556 | +0.186% | $215K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07556 | +0.186% | $649K | $429K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07552 | +0.133% | — | $1.3M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07558 | +0.209% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0112% | 4h | 0.07561 | +0.252% | $108K | $9K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07554 | +0.163% | $27K | — | 15x | as long as short |
OKX ME-USDT-SWAP
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni ME
BloFin ME-USDT