Funding you earn now, next payment 23:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against BloFin+0.224%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 3 days (all we have)−0.241%−$24 · spread now +0.224%, 7d avg +0.129%
=Together, before fees−0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.095% dearer against BloFin than usual: you sell high and buy low (spread +0.224% now, against its 7-day average of +0.129%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1382 | 0.0115 | pay 0.0115% / 8h | 1h 55m | $301K | $15K | 75x |
| Short | Hyperliquid DYDX | 0.1385 | 0.0100 | get 0.0013% / 1h | 55m 08s | $2.1M | $735K | 5x |
BloFin DYDX-USDT
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$3.06
- Price spread: +0.224% → +0.129%
- $9.55
- Slippage, 4 orders
- −$53.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$68.39
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 22 min ago; Hyperliquid: live order book, 6 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 BloFin live order book, 22 min ago | 3.61 bp | 28.0 bp −$28 | 66.0 bp −$660 | 319.1 bp −$31.9K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.45 bp | 23.1 bp −$23 | 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 | −0.0316% | 1h | 0.1380 | −0.145% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1382 | 0.000% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | +0.043% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1385 | +0.224% | $2.1M | $735K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.041% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.022% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.116% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | +0.094% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1383 | +0.072% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1381 | −0.101% | $390K | $470K | 75x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Aster DYDXUSDT
Binance 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 | 0.1381 | −0.072% | $3.4M | $834K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1382 | 0.000% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1382 | 0.000% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | −0.072% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1381 | −0.039% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1382 | −0.020% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDTlong | +0.0115% | 8h | 0.1382 | long leg | $301K | $15K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1382 | −0.004% | $937 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0572% | 1h | 0.1383 | +0.061% | $321K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1379 | −0.217% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.3213% | 1h | 0.1381 | −0.081% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD