Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h −0.006%
Price spread now: BloFin against Hyperliquid−0.208%7-day average −0.132% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.208%, 7d avg −0.132%
=Together, before fees+0.067%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.076% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.132%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1393 | 0.0100 | pay 0.0013% / 1h | 46m 57s | $2.1M | $737K | 5x |
| Short | BloFin DYDX-USDT | 0.1390 | 0.0081 | get 0.0081% / 8h | 46m 57s | $298K | $14K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$3.89
- Price spread: −0.208% → −0.132%
- −$7.59
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; BloFin: live order book, 25 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 Hyperliquid live order book, 4 min ago | 0.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 3.62 bp | 15.3 bp −$15 | 57.2 bp −$572 | 241.5 bp −$24.2K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0067% | 1h | 0.1390 | −0.208% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1389 | −0.280% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0079% | 1h | 0.1390 | −0.204% | $317K | $328K | 20x | as long as short |
| BloFin DYDX-USDTshort | +0.0081% | 8h | 0.1390 | −0.208% | $298K | $14K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1390 | −0.208% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDXlong | +0.0100% | 1h | 0.1393 | long leg | $2.1M | $737K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.135% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.202% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.215% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1391 | −0.129% | $2.2M | $3.4M | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1393 | +0.007% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1391 | −0.151% | $387K | $468K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1391 | −0.136% | $3.4M | $860K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1392 | −0.065% | $2.4M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.136% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1391 | −0.136% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1390 | −0.228% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | −0.187% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1389 | −0.294% | $943 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | −0.639% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2822% | 1h | 0.1392 | −0.092% | $79K | $2K | 5x | as long as short |
Hyperliquid DYDX
BloFin DYDX-USDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX