Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Hyperliquid+0.127%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. dYdX is 0.127% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.7715 | 0.0100 | pay 0.0013% / 1h | 40m 58s | $2.2M | $423K | 5x |
| Short | dYdX ETC-USD | 8.7826 | 0 | get 0.0000% / 1h | 40m 58s | $9K | $46 | 10x |
Hyperliquid ETC
dYdX ETC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.127% → 0.000%
- $12.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.35
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; dYdX: 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, 10 min ago | 1.54 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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.
ETC on 22 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 ETC/USDC PERP | −0.0037% | 1h | 8.7920 | +0.234% | $33 | $77K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0012% | 1h | 8.7726 | +0.013% | $497 | $978 | 50x | as long as short |
| dYdX ETC-USDshort | 0.0000% | 1h | 8.7826 | +0.127% | $9K | $46 | 10x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7732 | +0.019% | — | — | 150x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.7715 | long leg | $2.2M | $423K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.7673 | −0.048% | $981K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7670 | −0.051% | $26.2M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7590 | −0.143% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7680 | −0.040% | $8.6M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7640 | −0.086% | $3.5M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7610 | −0.120% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7640 | −0.086% | $2.8M | $705K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7629 | −0.098% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7620 | −0.108% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7865 | +0.172% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7700 | −0.017% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7758 | +0.049% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7710 | −0.006% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7665 | −0.057% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0181% | 1h | 8.7741 | +0.029% | $1.9M | $671K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7700 | −0.017% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.553% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX