Funding you earn now, next payment 02:00 UTC−0.0239%/8h= −26.1% APRnext payment −$0.30 per $10,000 · paid last 24h +0.643%
Price spread now: dYdX against Hyperliquid−0.434%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.907%+$191 on $10k
+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 against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.434% cheaper against Hyperliquid than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.907%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid RUNE | 0.6305 | 0.0820 | pay 0.0103% / 1h | 7m 34s | $1.7M | $1.1M | 5x |
| Short | dYdX RUNE-USD | 0.6278 | 0.0581 | get 0.0073% / 1h | 7m 34s | $32K | $27K | 5x |
Hyperliquid RUNE
dYdX RUNE-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
- −$50.12
- Price spread: −0.434% → 0.000%
- −$43.39
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$112.5
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 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, 3 min ago | 4.13 bp | 32.7 bp −$33 | 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.
RUNE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6295 | −0.160% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.381% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6298 | −0.113% | $4.8M | $15.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6295 | −0.160% | $2.8M | $2.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6297 | −0.128% | $632K | $378K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6300 | −0.081% | $3.7M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6296 | −0.144% | $897K | $324K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6310 | +0.078% | $1.5M | $769K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6300 | −0.081% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6303 | −0.035% | $185K | $69K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6297 | −0.135% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6327 | +0.347% | $37K | $31K | 25x | as long as short |
| dYdX RUNE-USDshort | +0.0581% | 1h | 0.6278 | −0.434% | $32K | $27K | 5x | |
| Hyperliquid RUNElong | +0.0820% | 1h | 0.6305 | long leg | $1.7M | $1.1M | 5x | |
| Kraken Futures PF_RUNEUSD | +0.1765% | 1h | 0.6327 | +0.341% | $183K | $283K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD