Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Hyperliquid against dYdX+0.169%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.169% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WIF-USD | 0.2370 | 0 | get 0.0000% / 1h | 57m 08s | $18K | $582 | 10x |
| Short | Hyperliquid WIF | 0.2374 | 0.0100 | get 0.0013% / 1h | 57m 08s | $7.4M | $4.0M | 5x |
dYdX WIF-USD
Hyperliquid WIFFunding 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: +0.169% → 0.000%
- $16.88
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $18.88
- Costs to cover
- 0.190%
- Break-even
- 0.7 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 5 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, 5 min ago | 0.21 bp | 14.8 bp −$15 | 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.
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0914% | 1h | 0.2370 | 0.000% | $70K | $234K | 10x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +1.055% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0212% | 4h | 0.2371 | +0.042% | $4.3M | $11.0M | 75x | as long as short |
| Gate WIF_USDT | −0.0150% | 4h | 0.2370 | 0.000% | $1.2M | $6.9M | 50x | as long as short |
| Variational Omni WIF | −0.0135% | 4h | 0.2371 | +0.023% | $67K | $51K | — | as long as short |
| GRVT WIF_USDT_Perp | −0.0102% | 4h | 0.2359 | −0.463% | $263K | $1.8M | 10x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2373 | +0.117% | $622K | $2.1M | 50x | as long as short |
| Aster WIFUSDT | −0.0025% | 4h | 0.2372 | +0.099% | $23K | $254K | 10x | as long as short |
| dYdX WIF-USDlong | 0.0000% | 1h | 0.2370 | long leg | $18K | $582 | 10x | |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2372 | +0.084% | $48K | $291K | 25x | as long as short |
Backpack WIF_USDC_PERP
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Gate WIF_USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
Kraken Futures PF_WIFUSD
Aster WIFUSDT
Deribit WIF_USDC-PERPETUALShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2372 | +0.084% | $14K | — | 150x | as long as short |
| ApeX Omni WIFUSDT | +0.0043% | 1h | 0.2363 | −0.295% | $42K | $617K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0089% | 4h | 0.2370 | 0.000% | $4K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2371 | +0.051% | $131K | $540K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2371 | +0.042% | $53K | $483K | 20x | as long as short |
| Hyperliquid WIFshort | +0.0100% | 1h | 0.2374 | +0.169% | $7.4M | $4.0M | 5x | |
| Pacifica WIF | +0.0100% | 1h | 0.2369 | −0.025% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2370 | +0.006% | $17.6M | $99.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2371 | +0.021% | $16.6M | $34.7M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2370 | 0.000% | $6.1M | $29.8M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2370 | 0.000% | $21.3M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2371 | +0.042% | $7.2M | $11.6M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2367 | −0.127% | — | $2.3M | — | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2366 | −0.169% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2370 | 0.000% | $535 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2364 | −0.253% | $164K | $716K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2371 | +0.052% | $9K | $152K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2370 | +0.016% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0104% / S −0.0425% | 1h | 0.2372 | +0.077% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2375 | +0.211% | $311K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2372 | +0.084% | $987K | $689K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2372 | +0.065% | $0 | — | 15x | as long as short |
gTrade (Gains Network) WIF/USD
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP