After costs, if the gap returns to its 7d average, $10k−$101
spread now+0.040%7d average+0.018%fees + slippage, in and out−$103spread needed1.027%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NOT-USDT-SWAP | 0.0005008 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $595K | $658K | 20x |
| Short | Hyperliquid NOT | 0.0005010 | 0.0100 | get 0.0013% / 1h | 38m 21s | $367K | $68K | 3x |
OKX NOT-USDT-SWAP
Hyperliquid NOTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.99
- Funding while held
- $0
- Slippage, 4 orders
- −$83.71
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$98.71
- Spread needed to break even
- 1.027%
Slippage from OKX: live order book, 59 min ago; Hyperliquid: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 59 min ago | 3.01 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 10.01 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
NOT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004874cheapestBybit0.0005003+2.647%Gate0.0005004+2.667%Variational Omni0.0005007+2.722%
Injective
Bybit
Gate
Variational OmniOKX0.0005008+2.749%
KuCoin0.0005008+2.749%Extended0.0005009+2.762%MEXC0.0005009+2.770%BingX0.0005009+2.770%Binance0.0005009+2.772%
KuCoin
Extended
MEXC
BingX
BinanceHyperliquid0.0005010+2.790%
Bitget0.0005012+2.831%BloFin0.0005014+2.872%Aster0.0005017+2.930%Lighter0.0005020+2.987%Kraken Futures0.0005049+3.599%
Bitget
BloFin
Aster
Lighter
Kraken FuturesNOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −2.676% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Bybit NOTUSDT | −0.100% | +0.0100% | 4h | $2.1M | $989K | 25x | as long as short |
| Gate NOT_USDT | −0.080% | +0.0100% | 4h | $140K | $86K | 50x | as long as short |
| Variational Omni NOT | −0.026% | −0.0068% | 4h | $61K | $48K | — | as long as short |
| OKX NOT-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $595K | $658K | 20x | |
| KuCoin NOTUSDTM | 0.000% | +0.0100% | 4h | $487K | $134K | 50x | as long as short |
| Extended kNOT-USD | +0.012% | +0.0104% | 1h | $4K | $2K | 5x | as long as short |
| MEXC NOT_USDT | +0.020% | +0.0100% | 4h | $1.4M | $476K | 200x | as long as short |
| BingX NOT-USDT | +0.020% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| Binance NOTUSDT | +0.022% | +0.0100% | 4h | $2.0M | $3.3M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid NOTshort | +0.040% | +0.0100% | 1h | $367K | $68K | 3x | |
| Bitget NOTUSDT | +0.080% | +0.0100% | 4h | $639K | $428K | 50x | as long as short |
| BloFin NOT-USDT | +0.120% | +0.0081% | 4h | $113K | $19K | 50x | as long as short |
| Aster NOTUSDT | +0.176% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Lighter 1000NOT | +0.232% | +0.0096% | 1h | $11K | $5K | 3x | as long as short |
| Kraken Futures PF_NOTUSD | +0.827% | +0.6818% | 1h | $48K | $9K | 10x | as long as short |