Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.314%
Price spread now: Hyperliquid against dYdX−0.061%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 0.061% cheaper against dYdX than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 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 WLFI-USD | 0.05715 | 0 | get 0.0000% / 1h | 45m 17s | $11K | $970 | 5x |
| Short | Hyperliquid WLFI | 0.05712 | 0.0100 | get 0.0013% / 1h | 45m 17s | $10.5M | $1.2M | 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: −0.061% → 0.000%
- −$6.12
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.12
- Costs to cover
- 0.190%
- Break-even
- 8.4 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 7 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, 7 min ago | 0.79 bp | 6.0 bp −$6 | 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.
WLFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSD | −0.0591% | 1h | 0.05715 | −0.004% | $73K | $88K | 20x | as long as short |
| Aster WLFIUSDT | −0.0254% | 4h | 0.05712 | −0.061% | $1.6M | $568K | 20x | as long as short |
| Lighter WLFI | −0.0208% | 1h | 0.05709 | −0.114% | $940K | $367K | 5x | as long as short |
| Injective WLFI/USDC PERP | −0.0018% | 1h | 0.05722 | +0.114% | $6K | $64K | 5.5x | as long as short |
| OKX WLFI-USDT-SWAP | −0.0010% | 4h | 0.05713 | −0.044% | $7.5M | $12.4M | 50x | as long as short |
| dYdX WLFI-USDlong | 0.0000% | 1h | 0.05715 | long leg | $11K | $970 | 5x | |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +5.778% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05720 | +0.079% | $10K | $624 | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05719 | +0.062% | $313 | — | 150x | as long as short |
| 01 Exchange WLFIUSD | +0.0032% | 1h | 0.05715 | −0.009% | $4K | $319 | 3x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex WLFI-USD-PERP | +0.0032% | 8h | 0.05715 | −0.007% | $2K | $108 | 5x | as long as short |
| Gate WLFI_USDT | +0.0052% | 4h | 0.05715 | −0.009% | $3.4M | $2.8M | 75x | as long as short |
| Variational Omni WLFI | +0.0092% | 4h | 0.05710 | −0.104% | $442K | $30K | — | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05710 | −0.087% | $79K | $28K | 5x | as long as short |
| Hyperliquid WLFIshort | +0.0100% | 1h | 0.05712 | −0.061% | $10.5M | $1.2M | 5x | |
| Pacifica WLFI | +0.0100% | 1h | 0.05713 | −0.038% | $243K | $10K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05718 | +0.044% | $136.7M | $38.7M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05710 | −0.096% | $20.5M | $16.9M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05717 | +0.028% | $1K | $10 | 5x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05715 | −0.009% | $14.3M | $20.7M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05714 | −0.026% | $3.2M | $937K | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05714 | −0.026% | $7.9M | $3.1M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05715 | −0.009% | — | $7.2M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05716 | +0.009% | $238K | $32K | 10x | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05728 | +0.210% | $275K | $2.0M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05710 | −0.096% | $33K | $42K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05720 | +0.079% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05717 | +0.026% | $118 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05712 | −0.062% | $132K | $490K | 10x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0208% | 1h | 0.05735 | +0.341% | $33K | $16K | 50x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05717 | +0.026% | $4.7M | $74K | 75x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0383% / S −0.2839% | 1h | 0.05716 | +0.014% | $14K | — | 100x | as long as short |
Hyperliquid WLFI
Kraken Futures PF_WLFIUSD
Aster WLFIUSDT
Lighter WLFI
Injective WLFI/USDC PERP
OKX WLFI-USDT-SWAP
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
01 Exchange WLFIUSD
Paradex WLFI-USD-PERP
Gate WLFI_USDT
Variational Omni WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Backpack WLFI_USDC_PERP
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
Coinbase International WLFI-PERP-INTX
BloFin WLFI-USDT
GMX WLFI/USD [ETH-USDC]