Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Hyperliquid against dYdX−0.092%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.092% cheaper against dYdX than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BCH-USD | 264.75 | 0 | get 0.0000% / 1h | 33m 13s | $5K | $248 | 10x |
| Short | Hyperliquid BCH | 264.50 | 0.0100 | get 0.0013% / 1h | 33m 13s | $5.7M | $5.1M | 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: −0.092% → 0.000%
- −$9.21
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7.21
- Costs to cover
- 0.190%
- Break-even
- 9.4 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 9 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, 9 min ago | 0.95 bp | 8.6 bp −$9 | 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.
BCH 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0610% | 8h | 264.34 | −0.154% | $1K | $1.9M | 30x | as long as short |
| SoDEX BCH-USD | −0.0516% | 1h | 264.31 | −0.166% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0468% | 1h | 264.44 | −0.115% | $447K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0364% | 8h | 264.19 | −0.211% | $4.9M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0300% | 1h | 264.58 | −0.063% | $848K | $3.2M | 50x | as long as short |
| HTX BCH-USDT | −0.0213% | 8h | 264.24 | −0.192% | $774K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0194% | 8h | 264.60 | −0.057% | $386K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0187% | 1h | 264.48 | −0.102% | $96K | $227K | 50x | as long as short |
| Gate BCH_USDT | −0.0143% | 8h | 264.39 | −0.136% | $8.4M | $13.5M | 75x | as long as short |
| Variational Omni BCH | −0.0117% | 8h | 264.41 | −0.128% | $81K | $285K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 263.56 | −0.449% | $229K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0091% | 8h | 264.21 | −0.204% | $71.6M | $235.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0090% | 8h | 264.62 | −0.049% | $69.8M | $7.0M | 200x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 264.26 | −0.184% | $112K | $965K | 25x | as long as short |
| Bybit BCHUSDT | −0.0067% | 8h | 264.20 | −0.207% | $39.0M | $33.5M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0046% | 8h | 264.20 | −0.207% | $25.2M | $78.9M | 50x | as long as short |
| Bitget BCHUSDT | −0.0039% | 8h | 264.34 | −0.154% | $19.0M | $29.7M | 75x | as long as short |
| BingX BCH-USDT | −0.0025% | 8h | 264.35 | −0.151% | — | $32.3M | — | as long as short |
| Nado BCH-PERP | −0.0015% | 1h | 264.18 | −0.214% | $422K | $431K | 10x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 264.75 | long leg | $5K | $248 | 10x | |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.84 | +0.034% | $1.1M | $11.1M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 264.53 | −0.082% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0032% | 8h | 264.36 | −0.147% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.059% | $721 | $130K | 12x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 264.32 | −0.162% | $161K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0047% | 8h | 264.24 | −0.192% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.27 | −0.180% | $364K | $478K | 10x | as long as short |
| Hyperliquid BCHshort | +0.0100% | 1h | 264.50 | −0.092% | $5.7M | $5.1M | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 264.41 | −0.127% | $167K | $697K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.37 | −0.143% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 264.58 | −0.065% | $25K | — | 100x | as long as short |
Hyperliquid BCH
SunX BCH-USDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Gate BCH_USDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Bybit BCHUSDT
OKX BCH-USDT-SWAP
Bitget BCHUSDT
BingX BCH-USDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERP
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]