Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against Bybit+0.166%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.166%, 7d avg +0.128%
=Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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 0.038% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DYDXUSDT | 0.1385 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $4.6M | $2.3M | 75x |
| Short | Hyperliquid DYDX | 0.1387 | 0.0100 | get 0.0013% / 1h | 44m 20s | $2.1M | $735K | 5x |
Bybit DYDXUSDT
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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: +0.166% → +0.128%
- $3.81
- Slippage, 4 orders
- −$103.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$120.17
- Costs to cover
- 1.240%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Hyperliquid: live order book, 7 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 Bybit live order book, 3 min ago | 1.09 bp | 41.1 bp −$41 | 214.2 bp −$2,142 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.08 bp | 23.3 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 | −0.0214% | 1h | 0.1385 | +0.007% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1385 | +0.007% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0096% | 1h | 0.1386 | +0.072% | $311K | $332K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | +0.058% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1387 | +0.166% | $2.1M | $735K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1387 | +0.117% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.077% | $5.2M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1385 | long leg | $4.6M | $2.3M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1385 | −0.007% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.224% | $54K | $20K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1386 | +0.079% | $386K | $457K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1386 | +0.079% | $3.1M | $916K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1387 | +0.152% | $2.3M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.079% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1385 | +0.007% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | +0.093% | $3K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1385 | −0.025% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0118% | 8h | 0.1387 | +0.152% | $298K | $12K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1385 | +0.004% | $940 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1388 | +0.224% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2246% | 1h | 0.1387 | +0.128% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
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]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD