Funding you earn now, next payment 06:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.098%
Price spread now: Hyperliquid against dYdX+0.138%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days−0.682%−$68 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.138%, 7d avg +0.095%
=Together, before fees−0.704%+ Points / potential airdropHyperliquid: Season 2 · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.042% dearer against dYdX than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.095%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.682% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX LTC-USD | 61.018 | 0.0308 | pay 0.0039% / 1h | 15m 33s | $429K | $7K | 10x |
| Short | Hyperliquid LTC | 61.102 | 0.0255 | get 0.0032% / 1h | 15m 33s | $38.4M | $26.3M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.2
- Price spread: +0.138% → +0.095%
- $4.22
- Slippage, 4 orders
- −$57.45
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$83.43
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 34 min ago; Hyperliquid: live order book, 8 min ago.
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 live order book, 34 min ago | 13.94 bp | 18.9 bp −$19 | 35.5 bp −$355 | 38.3 bp −$3,831 | 75.1 bp −$37.6K |
| Sell Hyperliquid live order book, 8 min ago | 0.49 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
LTC on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps LTC-USD | −0.0146% | 1h | 60.928 | −0.147% | $87K | $666K | 10x | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0048% / S +0.0183% | 1h | 60.965 | −0.087% | $76K | — | 200x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.968 | −0.082% | $334K | $4.3M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 60.969 | −0.080% | $25K | — | 150x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0012% | 1h | 60.974 | −0.072% | $6.6M | $6.5M | 50x | as long as short |
| Variational Omni LTC | +0.0029% | 8h | 60.945 | −0.120% | $3.6M | $2.7M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.750% | $5K | $22K | 12x | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.035 | +0.028% | $938K | $1.7M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.970 | −0.079% | $13K | $134K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.992 | −0.043% | $14K | $10K | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 60.950 | −0.111% | $266K | $334K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 61.027 | +0.015% | $2.6M | $2.5M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.027 | +0.014% | $533K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.994 | −0.039% | $89.6M | $233.8M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.980 | −0.062% | $77.2M | $61.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.970 | −0.079% | $26.9M | $76.5M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.990 | −0.046% | $13.3M | $22.2M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.990 | −0.046% | $56.4M | $36.2M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.020 | +0.003% | $18.0M | $13.1M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.000 | −0.029% | $31.3M | $22.8M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 61.000 | −0.029% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.962 | −0.092% | $146K | $270K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.956 | −0.102% | $41K | $376K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.020 | +0.003% | $344K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.990 | −0.046% | $107K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.030 | +0.020% | $17K | $3.8M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.950 | −0.111% | $163 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.940 | −0.128% | $2.0M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.970 | −0.079% | $21.6M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.969 | −0.081% | $675K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.973 | −0.074% | $466K | — | 3x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0111% | 1h | 61.005 | −0.021% | $689K | $1.1M | 50x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.000 | −0.029% | $4.1M | $12.5M | 50x | as long as short |
| Hyperliquid LTCshort | +0.0255% | 1h | 61.102 | +0.138% | $38.4M | $26.3M | 10x | |
| dYdX LTC-USDlong | +0.0308% | 1h | 61.018 | long leg | $429K | $7K | 10x | |
| Reya LTCRUSDPERP | +0.0337% | 1h | 60.956 | −0.102% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0728% | 1h | 61.050 | +0.052% | $1.1M | $2.5M | 50x | as long as short |
Hyperliquid LTC
Polymarket Perps LTC-USD
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Kraken Futures PF_LTCUSD
Variational Omni LTC
Injective LTC/USDC PERP
Lighter LTC
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Deribit LTC_USDC-PERPETUAL
BloFin LTC-USDT
Coinbase International LTC-PERP-INTX