Funding you earn now, next payment 08:00 UTC+0.7164%/8h= +784.4% APRnext payment +$8.95 per $10,000 · paid last 24h +0.995%
Price spread now: dYdX against Hyperliquid−0.197%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.016%+$402 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. dYdX is 0.197% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 2 hours of funding at the current rate (+$215 a day). At the pace of the last 7 days (+4.016% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 4.016% in total (about 209.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1356 | 0.0100 | pay 0.0013% / 1h | 38m 31s | $2.0M | $713K | 5x |
| Short | dYdX DYDX-USD | 0.1353 | 0.7264 | get 0.0908% / 1h | 38m 31s | $77K | $2K | 5x |
Hyperliquid DYDX
dYdX DYDX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $1,504.37
- Price spread: −0.197% → 0.000%
- −$19.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $1,465.67
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: Hyperliquid: live order book, 2 min ago; dYdX: 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, 2 min ago | 1.84 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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.
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 | −0.0058% | 1h | 0.1353 | −0.184% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1354 | −0.118% | $60K | $50K | 5x | as long as short |
| Hyperliquid DYDXlong | +0.0100% | 1h | 0.1356 | long leg | $2.0M | $713K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.199% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.199% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.207% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | −0.177% | $2.1M | $3.0M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1355 | −0.037% | $52K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.221% | $377K | $427K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.184% | $2.9M | $781K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | −0.111% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.184% | $1.4M | $896K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1353 | −0.184% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1353 | −0.211% | $1K | $404K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1353 | −0.167% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0123% | 8h | 0.1357 | +0.111% | $291K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1353 | −0.187% | $918 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0489% | 1h | 0.1354 | −0.111% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0849% | 1h | 0.1354 | −0.101% | $306K | $321K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1363 | +0.553% | $17K | $27K | 50x | as long as short |
| dYdX DYDX-USDshort | +0.7264% | 1h | 0.1353 | −0.197% | $77K | $2K | 5x |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX