Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.082%
Price spread now: Hyperliquid against dYdX+0.047%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.047% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2197 | 0 | get 0.0000% / 1h | 7m 49s | $65K | $5K | 10x |
| Short | Hyperliquid ARB | 0.2198 | 0.0100 | get 0.0013% / 1h | 7m 49s | $37.1M | $49.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against dYdX. 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
- $21
- Price spread: +0.047% → 0.000%
- $4.73
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.73
- Costs to cover
- 0.190%
- Break-even
- 4.8 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 6 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 0.23 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1592% | 1h | 0.2189 | −0.349% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0178% | 1h | 0.2196 | −0.039% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2194 | −0.126% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2196 | −0.030% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0090% | 8h | 0.2195 | −0.080% | $22.1M | $144.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0089% | 8h | 0.2196 | −0.035% | $41.4M | $62.3M | 200x | as long as short |
| Variational Omni ARB | −0.0044% | 8h | 0.2201 | +0.209% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2196 | −0.030% | $12K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0009% | 8h | 0.2195 | −0.053% | $53.9M | $126.3M | 50x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2197 | long leg | $65K | $5K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | +0.011% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2197 | +0.029% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2195 | −0.066% | $5.4M | $18.5M | 60x | as long as short |
| Binance ARBUSDT | +0.0035% | 8h | 0.2195 | −0.061% | $62.8M | $301.5M | 75x | as long as short |
| Extended ARB-USD | +0.0040% | 1h | 0.2195 | −0.056% | $350K | $2.9M | 25x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2196 | −0.019% | $484K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0070% | 8h | 0.2196 | −0.030% | $21.2M | $34.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0070% | 8h | 0.2195 | −0.053% | — | $33.2M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2196 | −0.044% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2197 | +0.015% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2198 | +0.047% | $37.1M | $49.2M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2197 | +0.002% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2197 | +0.015% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2197 | −0.003% | $19.5M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.312% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2203 | +0.288% | $479K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2203 | +0.289% | $119K | $280K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.061% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.034% | $293K | $857K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2197 | +0.015% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0167% | 8h | 0.2197 | +0.034% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0232% | 1h | 0.2198 | +0.060% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2197 | +0.023% | $829K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2204 | +0.320% | $525K | $1.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2196 | −0.042% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0584% | 1h | 0.2200 | +0.143% | $988K | $2.8M | 20x | as long as short |
Hyperliquid ARB
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
RISEx ARB/USDC
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP