Funding you earn now, next payment 07:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.118%
Price spread now: Hyperliquid against dYdX+0.172%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 7 days−0.170%−$17 · spread now +0.172%, 7d avg +0.041%
=Together, before fees+0.146%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.131% dearer against dYdX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XRP-USD | 1.5135 | 0 | get 0.0000% / 1h | 38m 56s | $1.1M | $148K | 10x |
| Short | Hyperliquid XRP | 1.5161 | 0.0168 | get 0.0021% / 1h | 38m 56s | $288.2M | $264.6M | 20x |
dYdX XRP-USD
Hyperliquid XRPFunding 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
- $35.27
- Price spread: +0.172% → +0.041%
- $13.09
- Slippage, 4 orders
- −$32.68
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$3.32
- Costs to cover
- 0.517%
- Break-even
- 7.7 days
Slippage from dYdX: live order book, just now; Hyperliquid: live order book, 5 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, just now | 15.19 bp | 20.5 bp −$21 | 22.0 bp −$220 | 47.3 bp −$4,731 | 175.2 bp −$87.6K |
| Sell Hyperliquid live order book, 5 min ago | 0.33 bp | 6.1 bp −$6 | 7.3 bp −$73 | 11.7 bp −$1,169 | doesn't fit |
XRP on 51 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5136 | +0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5135 | long leg | $1.1M | $148K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.100% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5137 | +0.016% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5154 | +0.125% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.809% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5139 | +0.027% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5151 | +0.106% | $7.7M | $24.9M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0082% / S −0.0030% | 1h | 1.5151 | +0.108% | $798K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5154 | +0.124% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5153 | +0.119% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5133 | −0.013% | $13K | $368K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5133 | −0.014% | $985K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5147 | +0.081% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5135 | +0.003% | $615K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5151 | +0.106% | $531.0M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5148 | +0.086% | $345.2M | $964.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5152 | +0.113% | $127.2M | $888.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5151 | +0.106% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5142 | +0.047% | $143K | $720K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5145 | +0.067% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5148 | +0.086% | $372.6M | $159.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5152 | +0.113% | $298.4M | $922.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5150 | +0.101% | $107.1M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5149 | +0.093% | $267.3M | $398.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5142 | +0.047% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | +0.085% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5150 | +0.100% | $658K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5151 | +0.109% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.139% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5144 | +0.060% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5143 | +0.053% | $47K | $490K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5141 | +0.038% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | +0.060% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5145 | +0.065% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5145 | +0.067% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5150 | +0.100% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5137 | +0.017% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5153 | +0.119% | $54.2M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5142 | +0.044% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5145 | +0.067% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5144 | +0.060% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0156% | 1h | 1.5159 | +0.159% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5145 | +0.068% | $17K | $79K | 7x | as long as short |
| Hyperliquid XRPshort | +0.0168% | 1h | 1.5161 | +0.172% | $288.2M | $264.6M | 20x | |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5157 | +0.146% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5150 | +0.100% | $1.7M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5136 | +0.007% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5154 | +0.126% | $23.5M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5139 | +0.029% | $522K | $797K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0576% | 1h | 1.5148 | +0.086% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD