Funding you earn now, next payment 02:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.643%
Price spread now: Hyperliquid against dYdX+0.031%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.907%−$191 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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.031% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.907%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RUNE-USD | 0.6334 | 0.0786 | pay 0.0098% / 1h | 19m 50s | $54K | $5K | 5x |
| Short | Hyperliquid RUNE | 0.6336 | 0.0796 | get 0.0099% / 1h | 19m 50s | $1.7M | $1.1M | 5x |
dYdX RUNE-USD
Hyperliquid RUNEFunding 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
- $1.95
- Price spread: +0.031% → 0.000%
- $3.11
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13.95
- Costs to cover
- 0.190%
- Break-even
- 57.1 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 1 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, 1 min ago | 4.18 bp | 19.6 bp −$20 | 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.
RUNE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6323 | −0.169% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.822% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6327 | −0.107% | $4.9M | $14.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6328 | −0.091% | $2.9M | $2.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6329 | −0.075% | $638K | $371K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6328 | −0.091% | $3.8M | $3.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6327 | −0.106% | $894K | $314K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6337 | +0.052% | $1.6M | $753K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6328 | −0.091% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6330 | −0.062% | $186K | $69K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6324 | −0.152% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6368 | +0.541% | $38K | $31K | 25x | as long as short |
| dYdX RUNE-USDlong | +0.0786% | 1h | 0.6334 | long leg | $54K | $5K | 5x | |
| Hyperliquid RUNEshort | +0.0796% | 1h | 0.6336 | +0.031% | $1.7M | $1.1M | 5x | |
| Kraken Futures PF_RUNEUSD | +0.1763% | 1h | 0.6336 | +0.039% | $183K | $282K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD