Funding you earn now, next payment 06:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.060%
Price spread now: Hyperliquid against OKX+0.062%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.062%, 7d avg +0.059%
=Together, before fees+0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XLM-USDT-SWAP | 0.2100 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $12.2M | $43.6M | 50x |
| Short | Hyperliquid XLM | 0.2101 | 0.0180 | get 0.0023% / 1h | 31m 24s | $12.0M | $6.5M | 5x |
OKX XLM-USDT-SWAP
Hyperliquid XLMFunding 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
- $16.8
- Price spread: +0.062% → +0.059%
- $0.33
- Slippage, 4 orders
- −$17.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.73
- Costs to cover
- 0.369%
- Break-even
- 15.2 days
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 11 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, 2 min ago | 0.24 bp | 10.6 bp −$11 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.95 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2099 | −0.066% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.195% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2104 | +0.205% | $351K | $988K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2101 | +0.037% | $556K | $629K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2100 | +0.005% | $53.6M | $161.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2099 | −0.062% | $42.3M | $47.0M | 75x | as long as short |
| OKX XLM-USDT-SWAPlong | +0.0100% | 8h | 0.2100 | long leg | $12.2M | $43.6M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2100 | 0.000% | $4.0M | $7.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2101 | +0.052% | $24.4M | $28.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2101 | +0.052% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2098 | −0.086% | $25.3M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2099 | −0.038% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2102 | +0.076% | $130K | $314K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2105 | +0.251% | $251K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2100 | −0.018% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2103 | +0.133% | $589K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2099 | −0.067% | $168K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2099 | −0.043% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2098 | −0.090% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2099 | −0.038% | $572 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2101 | +0.048% | $194K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2099 | −0.038% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2099 | −0.034% | $188K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0144% | 1h | 0.2098 | −0.069% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLMshort | +0.0180% | 1h | 0.2101 | +0.062% | $12.0M | $6.5M | 5x | |
| dYdX XLM-USD | +0.0198% | 1h | 0.2101 | +0.036% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2101 | +0.033% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2109 | +0.414% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2102 | +0.119% | $224K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0515% / S −0.0228% | 1h | 0.2098 | −0.074% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0846% | 1h | 0.2101 | +0.052% | $521K | $163K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL