Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.218%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$970.973% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.218%, 7d avg −0.005%
=Together, before fees+0.334%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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 0.213% cheaper against Hyperliquid than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.5215 | 0.0100 | pay 0.0013% / 1h | 4m 44s | $269K | $224K | 5x |
| Short | OKX NEO-USDT-SWAP | 2.5160 | 0.0100 | get 0.0100% / 8h | 6h 04m | $350K | $702K | 20x |
Funding 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: −0.218% → −0.005%
- −$21.31
- Slippage, 4 orders
- −$78.32
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$118.63
- Costs to cover
- 0.973%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 35 min ago; OKX: 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 Hyperliquid live order book, 35 min ago | 2.58 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 61 min ago | 1.96 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
NEO on 11 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_NEOUSD | −0.0770% | 1h | 2.5163 | −0.207% | $22K | $3K | 20x | as long as short |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.5215 | long leg | $269K | $224K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.5190 | −0.099% | $3.4M | $5.2M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5180 | −0.139% | $1.6M | $884K | 75x | as long as short |
| OKX NEO-USDT-SWAPshort | +0.0100% | 8h | 2.5160 | −0.218% | $350K | $702K | 20x | |
| Gate NEO_USDT | +0.0100% | 8h | 2.5170 | −0.178% | $262K | $118K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5180 | −0.139% | $2.9M | $746K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5160 | −0.218% | $731K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5180 | −0.139% | $1.6M | $278K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5160 | −0.218% | — | $2.4M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5176 | −0.156% | $21K | $11 | — | as long as short |
Hyperliquid NEO
OKX NEO-USDT-SWAP
Kraken Futures PF_NEOUSD
Binance NEOUSDT
Bybit NEOUSDT
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO