Funding you earn now, next payment 01:00 UTC−0.2153%/8h= −235.8% APRnext payment −$2.69 per $10,000 · paid last 24h −0.874%
Price spread now: Hyperliquid against dYdX+0.160%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.706%−$371 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.160% dearer against dYdX than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DYDX-USD | 0.1387 | 0.2253 | pay 0.0282% / 1h | 43m 12s | $79K | $2K | 5x |
| Short | Hyperliquid DYDX | 0.1389 | 0.0100 | get 0.0013% / 1h | 43m 12s | $2.1M | $735K | 5x |
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
- −$452.13
- Price spread: +0.160% → 0.000%
- $16.02
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$455.11
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 8 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, 8 min ago | 1.08 bp | 23.3 bp −$23 | 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.
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 | −0.121% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | +0.023% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0095% | 1h | 0.1389 | +0.147% | $312K | $332K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1387 | +0.052% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1389 | +0.160% | $2.1M | $735K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1387 | +0.023% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1387 | +0.051% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.056% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1386 | −0.013% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1389 | +0.167% | $54K | $20K | 5x | as long as short |
Show 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 | −0.042% | $386K | $457K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1387 | +0.023% | $3.1M | $916K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1388 | +0.095% | $2.3M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1388 | +0.095% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1387 | +0.023% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1387 | +0.033% | $3K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1387 | +0.055% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0127% | 8h | 0.1387 | +0.023% | $298K | $12K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1387 | +0.038% | $941 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1388 | +0.095% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USDlong | +0.2253% | 1h | 0.1387 | long leg | $79K | $2K | 5x |
Hyperliquid DYDX
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX