Funding you earn now, next payment 01:00 UTC−0.1378%/8h= −150.9% APRnext payment −$1.72 per $10,000 · paid last 24h −0.441%
Price spread now: Hyperliquid against dYdX−0.104%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3593.589% of the position
Funding, last 7 days−1.565%−$157 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.104%, 7d avg +0.038%
=Together, before fees−1.474%+ Points / potential airdropHyperliquid: Season 2 · farm board−$147 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Hyperliquid is 0.142% cheaper against dYdX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05893 | 0.1478 | pay 0.0185% / 1h | 44m 06s | $101K | $2K | 5x |
| Short | Hyperliquid SEI | 0.05887 | 0.0100 | get 0.0013% / 1h | 44m 06s | $3.4M | $6.4M | 5x |
Funding 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
- −$289.37
- Price spread: −0.104% → +0.038%
- −$14.19
- Slippage, 4 orders
- −$339.93
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$662.48
- Costs to cover
- 3.589%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 30 min ago; Hyperliquid: live order book, 8 min ago.
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 live order book, 30 min ago | 164.23 bp | 169.2 bp −$169 | 169.2 bp −$1,692 | 170.6 bp −$17.1K | 284.9 bp −$142.4K |
| Sell Hyperliquid live order book, 8 min ago | 0.85 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05876 | −0.294% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0117% | 8h | 0.05884 | −0.162% | $314K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05877 | −0.274% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05876 | −0.290% | $9K | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0081% | 8h | 0.05877 | −0.273% | $13.9M | $36.1M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05880 | −0.223% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05879 | −0.240% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05887 | −0.104% | $3.4M | $6.4M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05881 | −0.206% | $308K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05885 | −0.138% | $14.3M | $127.8M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05881 | −0.206% | $3.1M | $39.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05878 | −0.257% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05879 | −0.240% | $33.0M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05877 | −0.273% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05883 | −0.172% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05881 | −0.206% | — | $33.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05878 | −0.257% | $115K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05852 | −0.699% | $205K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.053% | $107K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05884 | −0.155% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05875 | −0.307% | $75K | $560K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05907 | +0.236% | $34K | $205K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0181% | 1h | 0.05879 | −0.246% | $364K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05895 | +0.032% | $729K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05877 | −0.272% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05921 | +0.473% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USDlong | +0.1478% | 1h | 0.05893 | long leg | $101K | $2K | 5x |
Hyperliquid SEI
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP