DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0426%/8h= +46.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.089%

Price spread now: GMX against Hyperliquid−0.234%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.234% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.234% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 44 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DYDX	0.1383	0.0100	pay 0.0013% / 1h	55m 41s	$2.1M	$735K	5x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1380	L +0.0187% / S −0.0526%	get 0.0066% / 1h	55m 41s	$936	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.234%Rate

Funding earned: $89.36
Price spread: −0.234% → 0.000%: −$23.35
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $45
Costs to cover: 0.210%
Break-even: 3.5 days

Slippage unknown: Hyperliquid: live order book, 5 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 5 min ago	1.45 bp	14.2 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0316%	1h	0.1377	−0.448%	$6K	$51K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1380	−0.231%	—	—	25x	as long as short
Lighter DYDX	+0.0096%	1h	0.1381	−0.145%	$62K	$47K	5x	as long as short
Hyperliquid DYDXlong	+0.0100%	1h	0.1383	long leg	$2.1M	$735K	5x
Aster DYDXUSDT	+0.0100%	8h	0.1379	−0.318%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1382	−0.088%	$5.2M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1380	−0.202%	$4.6M	$2.4M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1383	−0.051%	$2.2M	$3.5M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1383	−0.014%	$53K	$19K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1381	−0.188%	$390K	$470K	75x	as long as short

Show 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	−0.159%	$3.4M	$834K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1380	−0.231%	$2.3M	$4.1M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1382	−0.087%	$1.4M	$1.2M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1381	−0.159%	—	$8.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1382	−0.105%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1380	−0.231%	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0112%	8h	0.1374	−0.665%	$301K	$15K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	0.1380	−0.234%	$936	—	100x
Kraken Futures PF_DYDXUSD	+0.0573%	1h	0.1381	−0.154%	$321K	$324K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0888%	1h	0.1379	−0.304%	$16K	$29K	50x	as long as short
dYdX DYDX-USD	+0.3213%	1h	0.1381	−0.168%	$79K	$2K	5x	as long as short