Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.190%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.190%, 7d avg −0.049%
=Together, before fees+0.123%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06460 | 0.0100 | pay 0.0013% / 1h | 15m 03s | $1.9M | $1.6M | 5x |
| Short | OKX PYTH-USDT-SWAP | 0.06448 | 0.0100 | get 0.0050% / 4h | 3h 15m | $2.1M | $3.4M | 50x |
Hyperliquid PYTH
OKX PYTH-USDT-SWAPFunding 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: −0.190% → −0.049%
- −$14.09
- Slippage, 4 orders
- −$53.67
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.76
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; OKX: live order book, 2 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, 6 min ago | 1.33 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.56 bp | 15.9 bp −$16 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PYTH_USDT | −0.0138% | 4h | 0.06452 | −0.128% | $9.8M | $2.4M | 125x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0134% | 1h | 0.06453 | −0.106% | $396K | $291K | 25x | as long as short |
| Binance PYTHUSDT | −0.0133% | 4h | 0.06454 | −0.102% | $9.3M | $17.6M | 75x | as long as short |
| BloFin PYTH-USDT | −0.0122% | 4h | 0.06412 | −0.748% | $429K | $111K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06415 | −0.701% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06440 | −0.314% | $191K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0014% | 4h | 0.06439 | −0.326% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.100% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06444 | −0.246% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06451 | −0.144% | $202K | $199K | 5x | as long as short |
MEXC PYTH_USDT
Kraken Futures PF_PYTHUSD
Binance PYTHUSDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06440 | −0.313% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06460 | long leg | $1.9M | $1.6M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06455 | −0.082% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06448 | −0.190% | $2.1M | $3.4M | 50x | |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06452 | −0.128% | $1.1M | $473K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06456 | −0.067% | $1.6M | $325K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06453 | −0.113% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06454 | −0.098% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06426 | −0.531% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06441 | −0.302% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06437 | −0.357% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0525% | 1h | 0.06456 | −0.067% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0942% | 1h | 0.06466 | +0.094% | $36K | $91K | 10x | as long as short |
Paradex PYTH-USD-PERP
Bybit PYTHUSDT
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP