Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Hyperliquid against Arcus−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$1 a day on $10k at the current rate, and Hyperliquid is 0.059% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DYDX-USD | 0.1352 | 0.0117 | pay 0.0015% / 1h | 56m 37s | $51K | $21K | 5x |
| Short | Hyperliquid DYDX | 0.1351 | 0.0100 | get 0.0013% / 1h | 56m 37s | $2.0M | $715K | 5x |
Arcus DYDX-USD
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Arcus. 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
- −$3.55
- Price spread: −0.059% → 0.000%
- −$5.92
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$22.97
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Hyperliquid: live order book, 4 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 4 min ago | 0.37 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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.
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0079% | 8h | 0.1348 | −0.296% | $290K | $30K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1350 | −0.133% | $60K | $46K | 5x | as long as short |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1351 | −0.059% | $2.0M | $715K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1350 | −0.128% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1351 | −0.095% | $5.2M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.251% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1349 | −0.251% | $2.1M | $2.9M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1349 | −0.214% | $369K | $427K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1349 | −0.222% | $2.9M | $747K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1349 | −0.222% | $2.3M | $3.4M | 50x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1350 | −0.148% | $1.4M | $877K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1350 | −0.148% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1351 | −0.101% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | −0.148% | $49K | — | 3x | as long as short |
| Arcus DYDX-USDlong | +0.0117% | 1h | 0.1352 | long leg | $51K | $21K | 5x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1350 | −0.152% | $914 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1347 | −0.370% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0491% | 1h | 0.1351 | −0.074% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1351 | −0.074% | $17K | $26K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1085% | 1h | 0.1352 | +0.008% | $304K | $303K | 20x | as long as short |
| dYdX DYDX-USD | +0.6423% | 1h | 0.1350 | −0.134% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD