Funding you earn now, next payment 23:00 UTC−0.0457%/8h= −50.1% APRnext payment −$0.57 per $10,000 · paid last 24h −0.086%
Price spread now: Deribit against Hyperliquid−0.207%50s7-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
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 0.207% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DASH | 59.062 | 0.0457 | pay 0.0057% / 1h | 38m 28s | $4.4M | $2.3M | 5x |
| Short | Deribit DASH_USDC-PERPETUAL | 58.940 | 0 | get 0.0000% / 1h | 38m 28s | $236 | $2K | 50x |
Hyperliquid DASH
Deribit DASH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. 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
- −$96.02
- Price spread: −0.207% → 0.000%
- −$20.66
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$132.67
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 3 min ago | 1.95 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTM | −0.0038% | 8h | 58.930 | −0.223% | $8.0M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | −0.0017% | 1h | 58.570 | −0.833% | $7 | $105K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUALshort | 0.0000% | 1h | 58.940 | −0.207% | $236 | $2K | 50x | |
| OKX DASH-USDT-SWAP | +0.0063% | 4h | 58.920 | −0.240% | $5.2M | $27.3M | 50x | as long as short |
| BloFin DASH-USDT | +0.0073% | 8h | 58.970 | −0.156% | $2.6M | $1.3M | 75x | as long as short |
| Lighter DASH | +0.0096% | 1h | 58.960 | −0.173% | $118K | $99K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 58.935 | −0.215% | $127K | $352K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 58.945 | −0.198% | $27.9M | $86.0M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 58.950 | −0.190% | $10.4M | $18.4M | 75x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 58.920 | −0.240% | $1.8M | $2.5M | 50x | as long as short |
KuCoin DASHUSDTM
Injective DASH/USDC PERP
OKX DASH-USDT-SWAP
BloFin DASH-USDT
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
Gate DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DASH_USDT | +0.0100% | 8h | 58.950 | −0.190% | $20.5M | $9.9M | 100x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 58.920 | −0.240% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 58.930 | −0.223% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.968 | −0.159% | $315K | $273K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 58.960 | −0.173% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 58.935 | −0.215% | $270K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.130 | +0.115% | $124K | $200K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 58.939 | −0.208% | $10K | $207K | 10x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0239% | 1h | 59.009 | −0.090% | $706K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0248% | 1h | 59.060 | −0.003% | $99K | $221K | 25x | as long as short |
| Hyperliquid DASHlong | +0.0457% | 1h | 59.062 | long leg | $4.4M | $2.3M | 5x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0545% / S −0.0510% | 1h | 58.949 | −0.191% | $145K | — | 50x | as long as short |
MEXC DASH_USDT
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
Kraken Futures PF_DASHUSD
Coinbase International DASH-PERP-INTX
GMX DASH/USD [WBTC.b-USDC]