Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.392%
Price spread now: Hyperliquid against dYdX+0.022%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.022% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX HBAR-USD | 0.09269 | 0 | get 0.0000% / 1h | 51m 01s | $30K | $4K | 5x |
| Short | Hyperliquid HBAR | 0.09271 | 0.0100 | get 0.0013% / 1h | 51m 01s | $8.8M | $2.9M | 5x |
dYdX HBAR-USD
Hyperliquid HBARFunding 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
- $21
- Price spread: +0.022% → 0.000%
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $4.2
- Costs to cover
- 0.190%
- Break-even
- 5.6 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 11 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, 11 min ago | 0.49 bp | doesn't fit | 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.
HBAR on 28 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 HBAR/USDC PERP | −0.0153% | 1h | 0.09234 | −0.375% | $2K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0032% | 8h | 0.09257 | −0.127% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0009% | 8h | 0.09261 | −0.084% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USDlong | 0.0000% | 1h | 0.09269 | long leg | $30K | $4K | 5x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09268 | −0.008% | $510K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09262 | −0.076% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0049% | 8h | 0.09213 | −0.605% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09257 | −0.127% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09261 | −0.084% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0078% | 8h | 0.09259 | −0.105% | $24.5M | $22.0M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0079% | 8h | 0.09258 | −0.116% | $34.8M | $110.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09261 | −0.089% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09261 | −0.084% | $569K | $590K | 5x | as long as short |
| Hyperliquid HBARshort | +0.0100% | 1h | 0.09271 | +0.022% | $8.8M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09261 | −0.081% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09262 | −0.073% | $33.0M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09260 | −0.094% | $6.9M | $24.9M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09262 | −0.073% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09261 | −0.084% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09262 | −0.073% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09244 | −0.262% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09261 | −0.084% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09260 | −0.094% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09276 | +0.078% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09259 | −0.105% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09269 | +0.002% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0199% | 8h | 0.09260 | −0.094% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09260 | −0.094% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]