Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.007%
Price spread now: Hyperliquid against dYdX+0.054%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.054%, 7d avg +0.098%
=Together, before fees+0.093%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.044% cheaper against dYdX than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.098%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX UNI-USD | 8.9527 | 0.0305 | pay 0.0038% / 1h | 11m 11s | $248K | $6K | 10x |
| Short | Hyperliquid UNI | 8.9576 | 0.0474 | get 0.0059% / 1h | 11m 11s | $98.1M | $59.6M | 10x |
dYdX UNI-USD
Hyperliquid UNIFunding 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
- $35.55
- Price spread: +0.054% → +0.098%
- −$4.43
- Slippage, 4 orders
- −$130.29
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$118.17
- Costs to cover
- 1.493%
- Break-even
- 30.3 days
Slippage from dYdX: live order book, 3 min ago; Hyperliquid: live order book, 13 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, 3 min ago | 62.45 bp | 67.6 bp −$68 | 83.1 bp −$831 | 94.0 bp −$9,403 | 309.0 bp −$154.5K |
| Sell Hyperliquid live order book, 13 min ago | 1.84 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −1.371% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9489 | −0.043% | $62K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0026% | 1h | 8.9535 | +0.008% | $576K | $176K | 50x | as long as short |
| Variational Omni UNI | +0.0082% | 8h | 8.9422 | −0.118% | $4.1M | $4.4M | — | as long as short |
| OKX UNI-USDT-SWAP | +0.0088% | 8h | 8.9450 | −0.087% | $54.7M | $248.7M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9515 | −0.014% | $961K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9541 | +0.015% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9512 | −0.017% | $296K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9495 | −0.036% | $221.7M | $591.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9450 | −0.087% | $101.2M | $105.3M | 75x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Variational Omni UNI
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9610 | +0.092% | $269K | $614K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9480 | −0.053% | $22.8M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9510 | −0.020% | $43.6M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9480 | −0.053% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9460 | −0.075% | $32.7M | $42.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9470 | −0.064% | — | $52.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9527 | −0.001% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9828 | +0.335% | $169K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9580 | +0.059% | $630K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9890 | +0.405% | $88K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9890 | +0.405% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9528 | +0.001% | $85K | $365K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9490 | −0.042% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9590 | +0.070% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9490 | −0.042% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9640 | +0.126% | $717K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9510 | −0.020% | $27.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9462 | −0.073% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9458 | −0.078% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9524 | −0.004% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0168% | 1h | 8.9560 | +0.036% | $447 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | −0.053% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9590 | +0.070% | $1.1M | $5.4M | 50x | as long as short |
| dYdX UNI-USDlong | +0.0305% | 1h | 8.9527 | long leg | $248K | $6K | 10x | |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9424 | −0.116% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0323% | 1h | 8.9473 | −0.061% | $566K | — | 120x | as long as short |
| Hyperliquid UNIshort | +0.0474% | 1h | 8.9576 | +0.054% | $98.1M | $59.6M | 10x | |
| Kraken Futures PF_UNIUSD | +0.0565% | 1h | 8.9544 | +0.019% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0870% | 1h | 8.9813 | +0.319% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0904% | 1h | 8.9656 | +0.144% | $4.5M | $5.3M | 15x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
01 Exchange UNIUSD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI