DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Hyperliquid against dYdX+0.257%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.257% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DYM-USD	0.01843	0	get 0.0000% / 1h	57m 37s	$253	$5	5x
Short	Hyperliquid DYM	0.01848	0.0100	get 0.0013% / 1h	57m 37s	$370K	$255K	3x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.257%Rate

Funding earned: $21
Price spread: +0.257% → 0.000%: $25.71
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $27.71
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 62 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 dYdX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 62 min ago	2.73 bp	35.6 bp −$36	doesn't fit	doesn't fit	doesn't fit

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.

DYM on 14 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
dYdX DYM-USDlong	0.0000%	1h	0.01843	long leg	$253	$5	5x
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.796%	$237	$12K	5.5x	as long as short
Hyperliquid DYMshort	+0.0100%	1h	0.01848	+0.257%	$370K	$255K	3x
Aster DYMUSDT	+0.0100%	4h	0.01846	+0.136%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01849	+0.310%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01845	+0.094%	$784K	$428K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01848	+0.257%	$1.1M	$652K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01848	+0.257%	$402K	$174K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01846	+0.149%	—	$12.8M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01841	−0.136%	$9K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USD	+0.0104%	1h	0.01848	+0.258%	$4K	$260K	5x	as long as short
KuCoin DYMUSDTM	+0.0838%	4h	0.01846	+0.149%	$436K	$144K	25x	as long as short
Gate DYM_USDT	+0.1840%	4h	0.01851	+0.420%	$148K	$109K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2418%	1h	0.01854	+0.571%	$15K	$5K	10x	as long as short