Funding you earn now, next payment 01:00 UTC−0.0870%/8h= −95.3% APRnext payment −$1.09 per $10,000 · paid last 24h −0.201%
Price spread now: Hyperliquid against dYdX+0.130%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.577%−$58 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
The price spread pays, funding is against you. Hyperliquid is 0.130% dearer against dYdX than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.577% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.577% in total (about -30.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TIA-USD | 0.4379 | 0.0970 | pay 0.0121% / 1h | 18m 27s | $52K | $199 | 10x |
| Short | Hyperliquid TIA | 0.4385 | 0.0100 | get 0.0013% / 1h | 18m 27s | $4.5M | $1.5M | 5x |
dYdX TIA-USD
Hyperliquid TIAFunding 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
- −$182.78
- Price spread: +0.130% → 0.000%
- $12.96
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$188.82
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 3 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, 3 min ago | 0.34 bp | 10.9 bp −$11 | 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.
TIA 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0152% | 1h | 0.4387 | +0.189% | $361K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0145% | 4h | 0.4376 | −0.071% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0032% | 4h | 0.4378 | −0.026% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4391 | +0.271% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4392 | +0.295% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4385 | +0.139% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4390 | +0.248% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4385 | +0.130% | $4.5M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4384 | +0.111% | $34K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4378 | −0.026% | $14.6M | $40.9M | 75x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4374 | −0.117% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4380 | +0.020% | $985K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4379 | −0.003% | $13.2M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4377 | −0.049% | $4.5M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4375 | −0.094% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4383 | +0.089% | $101K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4385 | +0.129% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4384 | +0.111% | $49K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4392 | +0.294% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4375 | −0.087% | $55K | $173K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4386 | +0.153% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4395 | +0.363% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4376 | −0.068% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4405 | +0.591% | $51K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4385 | +0.134% | $1.3M | $583K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4392 | +0.286% | $36K | — | 100x | as long as short |
| dYdX TIA-USDlong | +0.0970% | 1h | 0.4379 | long leg | $52K | $199 | 10x |
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]