Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against Binance+0.280%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days−0.251%−$25 · spread now +0.280%, 7d avg +0.075%
=Together, before fees−0.208%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.205% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DYDXUSDT | 0.1386 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $5.3M | $8.5M | 75x |
| Short | Hyperliquid DYDX | 0.1390 | 0.0100 | get 0.0013% / 1h | 17m 36s | $2.1M | $733K | 5x |
Binance DYDXUSDT
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $0
- Price spread: +0.280% → +0.075%
- $20.5
- Slippage, 4 orders
- −$73.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$72.17
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 3 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 Binance live order book, 7 min ago | 3.59 bp | 24.3 bp −$24 | 80.5 bp −$805 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.08 bp | 27.5 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 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 DYDX/USDC PERP | −0.0395% | 1h | 0.1389 | +0.194% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | +0.049% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1387 | +0.049% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1390 | +0.280% | $2.1M | $733K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.030% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1386 | long leg | $5.3M | $8.5M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.023% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1387 | +0.071% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1389 | +0.194% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1387 | +0.049% | $392K | $490K | 75x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.023% | $3.4M | $840K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1387 | +0.049% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1387 | +0.049% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1388 | +0.121% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | −0.015% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | +0.256% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0127% | 8h | 0.1390 | +0.266% | $302K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1387 | +0.030% | $941 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0349% | 1h | 0.1391 | +0.314% | $323K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1394 | +0.554% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2766% | 1h | 0.1387 | +0.075% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD