Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h +0.065%
Price spread now: Hyperliquid against dYdX+0.034%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
The price spread pays, funding is against you. Hyperliquid is 0.034% dearer against dYdX than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XLM-USD | 0.2141 | 0.0207 | pay 0.0026% / 1h | 27m 32s | $23K | $2K | 10x |
| Short | Hyperliquid XLM | 0.2141 | 0.0114 | get 0.0014% / 1h | 27m 32s | $12.3M | $6.2M | 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
- −$19.39
- Price spread: +0.034% → 0.000%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
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 | 0.23 bp | 6.2 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.
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2138 | −0.136% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.732% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2143 | +0.123% | $370K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2141 | −0.002% | $569K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2142 | +0.044% | $54.8M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2140 | −0.026% | $43.2M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2141 | +0.011% | $12.6M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2141 | +0.011% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2141 | −0.003% | $23.7M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2140 | −0.050% | $14.1M | $9.7M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2140 | −0.036% | $25.8M | $21.3M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2141 | +0.034% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2140 | −0.008% | $96K | $271K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2143 | +0.115% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2143 | +0.104% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | +0.349% | $597K | $592K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | +0.226% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2140 | −0.031% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2137 | −0.171% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.031% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2142 | +0.053% | $198K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2140 | −0.008% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2141 | +0.030% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLMshort | +0.0114% | 1h | 0.2141 | +0.034% | $12.3M | $6.2M | 5x | |
| dYdX XLM-USDlong | +0.0207% | 1h | 0.2141 | long leg | $23K | $2K | 10x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2148 | +0.357% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2145 | +0.217% | $5K | $46K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0264% | 1h | 0.2140 | −0.031% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2145 | +0.207% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2138 | −0.124% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0778% | 1h | 0.2142 | +0.039% | $531K | $153K | 25x | as long as short |
Hyperliquid XLM
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL