Funding you earn now, next payment 03:48 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: dYdX against Perpl−0.031%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.318%−$32 · spread now −0.031%, 7d avg −0.010%
=Together, before fees−0.308%+ Points / potential airdropPerpl: Active · farm board−$31 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: dYdX is 0.021% cheaper against Perpl than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 92.894 | 0 | get 0.0000% / 43m | 13m 40s | $22K | $302K | 10x |
| Short | dYdX HYPE-USD | 92.865 | 0 | get 0.0000% / 1h | 59m 40s | $127K | $29K | 5x |
Perpl HYPE
dYdX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Perpl. 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
- Price spread: −0.031% → −0.010%
- −$2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$25.92
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; dYdX: live order book, 59 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 Perpl no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 59 min ago | 26.34 bp | 31.4 bp −$31 | 72.3 bp −$723 | 175.3 bp −$17.5K | 1177.4 bp −$588.7K |
Perpl: 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.
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.862 | −0.034% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0440% | 1h | 92.759 | −0.145% | $193K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0280% | 1h | 92.833 | −0.065% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.875 | −0.020% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.860 | −0.036% | $157K | $653K | 20x | as long as short |
| dYdX HYPE-USDshort | 0.0000% | 1h | 92.865 | −0.031% | $127K | $29K | 5x | |
| Perpl HYPElong | 0.0000% | 43m | 92.894 | long leg | $22K | $302K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.907 | +0.014% | $62K | — | 150x | as long as short |
| Phemex HYPEUSDT | +0.0029% | 8h | 92.858 | −0.038% | $12.5M | $2.7M | 50x | as long as short |
| Bullet HYPE-USD | +0.0030% | 1h | 92.843 | −0.054% | $112K | $579K | 20x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDT
Bullet HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HYPE-USDT | +0.0036% | 4h | 92.889 | −0.005% | — | $53.6M | — | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.755 | −0.149% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0045% | 8h | 92.890 | −0.004% | $316.7M | $281.3M | 75x | as long as short |
| Aster HYPEUSDT | +0.0070% | 4h | 92.904 | +0.012% | $8.7M | $36.1M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0086% | 4h | 92.890 | −0.004% | $224.8M | $98.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 92.845 | −0.052% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 92.896 | +0.002% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.912 | +0.020% | $16.1M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.914 | +0.022% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.876 | −0.019% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0098% | 8h | 92.914 | +0.022% | $113.9M | $303.8M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.880 | −0.015% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.885 | −0.009% | $7.4M | $45.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.935 | +0.045% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.917 | +0.025% | $373.3M | $902.2M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 92.850 | −0.047% | $698K | $1.1M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | −0.101% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.890 | −0.004% | $44.4M | $53.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.918 | +0.026% | $88.3M | $79.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.894 | +0.001% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.880 | −0.015% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.859 | −0.037% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.903 | +0.010% | $7.5M | $46.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.856 | −0.040% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.868 | −0.027% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.923 | +0.031% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.910 | +0.018% | $469K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.881 | −0.013% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.843 | −0.054% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.863 | −0.033% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.883 | −0.011% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.019 | +0.135% | $1.4M | $6.3M | 75x | as long as short |
| Hyperliquid HYPE | +0.0103% | 1h | 92.942 | +0.052% | $2.02B | $663.7M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.883 | −0.011% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.871 | −0.024% | $393K | $164K | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0136% | 1h | 92.909 | +0.017% | $87K | $362K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.960 | +0.072% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.960 | +0.072% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0225% | 8h | 92.896 | +0.003% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.871 | −0.025% | $79K | $131K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0277% | 1h | 92.967 | +0.079% | $7.5M | $4.5M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.864 | −0.031% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.936 | +0.045% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.879 | −0.016% | $16.8M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.950 | +0.061% | $3.2M | $6.4M | 20x | as long as short |
BingX HYPE-USDT
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
Ondo Perps HYPE-USD.P
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Hyperliquid HYPE
Extended HYPE-USD
Aevo HYPE-PERP
01 Exchange HYPEUSD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC