Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.035%
Price spread now: dYdX against Hyperliquid−0.294%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2512.509% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.294%, 7d avg +0.004%
=Together, before fees+0.186%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.298% cheaper against Hyperliquid than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.2038 | 0.0100 | pay 0.0013% / 1h | 41m 57s | $5.3M | $3.2M | 10x |
| Short | dYdX DOT-USD | 1.2003 | 0 | get 0.0000% / 1h | 41m 57s | $145K | $6K | 10x |
Hyperliquid DOT
dYdX DOT-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: −0.294% → +0.004%
- −$29.8
- Slippage, 4 orders
- −$231.86
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$301.66
- Costs to cover
- 2.509%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; dYdX: live order book, 42 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, 10 min ago | 1.68 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 42 min ago | 100.25 bp | 105.3 bp −$105 | 105.3 bp −$1,053 | 114.3 bp −$11.4K | 133.7 bp −$66.9K |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2018 | −0.166% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2010 | −0.233% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2033 | −0.044% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.150% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.2020 | −0.150% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.2003 | −0.294% | $145K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2033 | −0.042% | $220K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2027 | −0.091% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0022% | 8h | 1.2027 | −0.091% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0071% | 8h | 1.2024 | −0.116% | $26.3M | $36.3M | 300x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0071% | 8h | 1.2023 | −0.125% | $44.2M | $80.7M | 75x | as long as short |
| Extended DOT-USD | +0.0072% | 1h | 1.2015 | −0.190% | $15K | $235K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2029 | −0.076% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.2038 | long leg | $5.3M | $3.2M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.2020 | −0.149% | $893K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2018 | −0.166% | $24.6M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2020 | −0.150% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2014 | −0.199% | $23.1M | $14.1M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2021 | −0.141% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2028 | −0.083% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1926 | −0.931% | $543K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1973 | −0.543% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1980 | −0.481% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2020 | −0.150% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2041 | +0.025% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1980 | −0.482% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0191% | 8h | 1.1988 | −0.415% | $2.2M | $761K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.2029 | −0.077% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0312% | 8h | 1.2030 | −0.066% | $2.2M | $2.1M | 50x | as long as short |
Binance DOTUSDT
Extended DOT-USD
Lighter DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT