Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.006%
Price spread now: BloFin against Hyperliquid−0.079%47s7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.830% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.079%, 7d avg −0.132%
=Together, before fees−0.062%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.053% dearer against Hyperliquid than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.132%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1386 | 0.0100 | pay 0.0013% / 1h | 34m 07s | $2.1M | $737K | 5x |
| Short | BloFin DYDX-USDT | 0.1385 | 0.0127 | get 0.0127% / 8h | 34m 07s | $299K | $14K | 75x |
Hyperliquid DYDX
BloFin DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.68
- Price spread: −0.079% → −0.132%
- $5.3
- Slippage, 4 orders
- −$62.03
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.06
- Costs to cover
- 0.830%
- Break-even
- 95.8 days
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 38 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, 7 min ago | 1.44 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 3.62 bp | 15.3 bp −$15 | 57.2 bp −$572 | 241.5 bp −$24.2K | 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 | −0.0067% | 1h | 0.1385 | −0.079% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1383 | −0.224% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0079% | 1h | 0.1384 | −0.129% | $315K | $328K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1384 | −0.173% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDXlong | +0.0100% | 1h | 0.1386 | long leg | $2.1M | $737K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.180% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.153% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.303% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | −0.216% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1385 | −0.079% | $53K | $19K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit 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 | 0.1383 | −0.260% | $384K | $468K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1383 | −0.224% | $3.3M | $896K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1385 | −0.079% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.152% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1383 | −0.224% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1384 | −0.172% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1382 | −0.266% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDTshort | +0.0127% | 8h | 0.1385 | −0.079% | $299K | $14K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1383 | −0.215% | $938 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1388 | +0.137% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2677% | 1h | 0.1383 | −0.228% | $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
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD