Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.227%
Price spread now: Hyperliquid against dYdX−0.107%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Hyperliquid is 0.107% cheaper against dYdX than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX STRK-USD | 0.04342 | 0 | get 0.0000% / 1h | 21m 04s | $20K | $24K | 5x |
| Short | Hyperliquid STRK | 0.04337 | 0.0100 | get 0.0013% / 1h | 21m 04s | $14.7M | $7.3M | 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
- $21
- Price spread: −0.107% → 0.000%
- −$10.67
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$8.67
- Costs to cover
- 0.190%
- Break-even
- 9.9 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 12 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, 12 min ago | 1.15 bp | 12.9 bp −$13 | 31.6 bp −$316 | 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.
STRK on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0576% | 1h | 0.04327 | −0.337% | $61K | $94K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0402% | 1h | 0.04338 | −0.080% | $461K | $523K | 20x | as long as short |
| dYdX STRK-USDlong | 0.0000% | 1h | 0.04342 | long leg | $20K | $24K | 5x | |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +16.776% | $3K | $38K | 5.5x | as long as short |
| BloFin STRK-USDT | +0.0042% | 4h | 0.04337 | −0.107% | $749K | $715K | 75x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04333 | −0.194% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRKshort | +0.0100% | 1h | 0.04337 | −0.107% | $14.7M | $7.3M | 5x | |
| Aster STRKUSDT | +0.0100% | 4h | 0.04337 | −0.099% | $33K | $346K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04338 | −0.084% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04333 | −0.191% | $12.3M | $48.7M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04330 | −0.268% | $15.1M | $21.5M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04335 | −0.153% | $4.8M | $22.6M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04336 | −0.130% | $578K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04334 | −0.176% | $12.3M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04337 | −0.107% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04336 | −0.123% | $3.0M | $4.0M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04334 | −0.176% | — | $26.4M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04334 | −0.176% | $24K | $147K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04334 | −0.181% | $352K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04349 | +0.164% | $188K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04438 | +2.220% | $2K | $840K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04337 | −0.118% | $123K | $659K | 10x | as long as short |
| Lighter STRK | +0.0360% | 1h | 0.04346 | +0.101% | $264K | $506K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0903% | 1h | 0.04341 | −0.015% | $8K | $44K | 25x | as long as short |
Hyperliquid STRK
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
BloFin STRK-USDT
Paradex STRK-USD-PERP
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Lighter STRK
Deribit STRK_USDC-PERPETUAL