Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.079%
Price spread now: Hyperliquid against Kraken Futures+0.086%7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.419%−$42 on $10k
+Price spread, last 3 days (all we have)−0.205%−$21 · spread now +0.086%, 7d avg −0.020%
=Together, before fees−0.624%+ Points / potential airdropHyperliquid: Season 2 · farm board−$62 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 0.106% dearer against Kraken Futures than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1388 | 0.0095 | pay 0.0012% / 1h | 17m 38s | $312K | $333K | 20x |
| Short | Hyperliquid DYDX | 0.1389 | 0.0100 | get 0.0013% / 1h | 17m 38s | $2.1M | $737K | 5x |
Kraken Futures PF_DYDXUSD
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Kraken Futures. 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
- $0.96
- Price spread: +0.086% → −0.020%
- $10.56
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7.48
- Costs to cover
- 0.190%
- Break-even
- 61.5 days
Slippage unknown: Kraken Futures: live order book, 55 min ago; Hyperliquid: live order book, 3 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 Kraken Futures live order book, 55 min ago | 6.15 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.08 bp | 23.0 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 | 0.1386 | −0.130% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | −0.058% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0078% | 8h | 0.1392 | +0.302% | $297K | $11K | 75x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0095% | 1h | 0.1388 | long leg | $312K | $333K | 20x | |
| Lighter DYDX | +0.0096% | 1h | 0.1387 | −0.065% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1389 | +0.086% | $2.1M | $737K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.107% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.132% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.274% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1384 | −0.267% | $2.2M | $3.4M | 20x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1387 | −0.058% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.231% | $385K | $460K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.202% | $3.1M | $917K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1386 | −0.130% | $2.4M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.130% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1386 | −0.130% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | −0.158% | $3K | $113K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1389 | +0.111% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1387 | −0.048% | $941 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1394 | +0.446% | $18K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2483% | 1h | 0.1385 | −0.193% | $79K | $2K | 5x | as long as short |
Arcus DYDX-USD
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