Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.086%
Price spread now: dYdX against Hyperliquid−0.506%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.506% cheaper against Hyperliquid than usual: you would sell low and buy high (−$51 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2284 | 0.0100 | pay 0.0013% / 1h | 20m 01s | $41.4M | $47.3M | 10x |
| Short | dYdX ARB-USD | 0.2273 | 0 | get 0.0000% / 1h | 20m 01s | $67K | $4K | 10x |
Hyperliquid ARB
dYdX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.506% → 0.000%
- −$50.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$90.62
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; dYdX: no order-book sample. 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 Hyperliquid live order book, 3 min ago | 1.98 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | −0.1666% | 1h | 0.2261 | −1.016% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2267 | −0.772% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2280 | −0.188% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0136% | 1h | 0.2280 | −0.197% | $1.1M | $4.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2279 | −0.228% | $39.2M | $59.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2281 | −0.162% | $23.1M | $159.1M | 50x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2280 | −0.206% | $59.1M | $126.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2279 | −0.228% | $13K | $387K | 10x | as long as short |
| SoDEX ARB-USD | −0.0038% | 1h | 0.2278 | −0.267% | $4K | $2.5M | 5x | as long as short |
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2273 | −0.506% | $67K | $4K | 10x |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Bybit ARBUSDT
Orderly PERP_ARB_USDC
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2279 | −0.241% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2280 | −0.205% | $33K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2278 | −0.265% | $366K | $2.6M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2280 | −0.181% | $67.2M | $310.2M | 75x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2272 | −0.552% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2285 | +0.035% | $145K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0081% | 8h | 0.2279 | −0.228% | — | $54.3M | — | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2280 | −0.184% | $21.8M | $35.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2282 | −0.083% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARBlong | +0.0100% | 1h | 0.2284 | long leg | $41.4M | $47.3M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2280 | −0.202% | $709K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2273 | −0.479% | $45K | $185K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2281 | −0.140% | $5.5M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2281 | −0.140% | $19.8M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2275 | −0.395% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2272 | −0.513% | $482K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2278 | −0.271% | $123K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2281 | −0.158% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2280 | −0.184% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2280 | −0.184% | $299K | $981K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2278 | −0.271% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2274 | −0.447% | $513K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2279 | −0.226% | $902K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2277 | −0.334% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2280 | −0.162% | $520K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0590% | 1h | 0.2284 | +0.013% | $1.0M | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP