Funding you earn now, next payment 07:00 UTC−0.0734%/8h= −80.4% APRnext payment −$0.92 per $10,000 · paid last 24h +0.348%
Price spread now: dYdX against Hyperliquid−0.194%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+1.845%+$184 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 against this trade now: funding costs −$22 a day on $10k at the current rate, and dYdX is 0.194% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.845%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid RUNE | 0.6392 | 0.1538 | pay 0.0192% / 1h | 5m 38s | $1.8M | $1.1M | 5x |
| Short | dYdX RUNE-USD | 0.6380 | 0.0804 | get 0.0100% / 1h | 5m 38s | $27K | $32K | 5x |
Hyperliquid RUNE
dYdX RUNE-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
- −$154.19
- Price spread: −0.194% → 0.000%
- −$19.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$192.61
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 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, 5 min ago | 2.74 bp | 23.8 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.
RUNE on 16 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 RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.711% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0063% | 1h | 0.6390 | −0.034% | — | — | 10x | as long as short |
| BloFin RUNE-USDT | +0.0080% | 8h | 0.6389 | −0.050% | $438K | $208K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6382 | −0.166% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6384 | −0.128% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6389 | −0.050% | $632K | $367K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6379 | −0.207% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6389 | −0.050% | $988K | $365K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6394 | +0.028% | $1.6M | $769K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6385 | −0.113% | — | $58.7M | — | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6390 | −0.028% | $184K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6380 | −0.198% | $9K | $129K | 10x | as long as short |
| dYdX RUNE-USDshort | +0.0804% | 1h | 0.6380 | −0.194% | $27K | $32K | 5x | |
| Kraken Futures PF_RUNEUSD | +0.0853% | 1h | 0.6388 | −0.059% | $147K | $322K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6408 | +0.247% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNElong | +0.1538% | 1h | 0.6392 | long leg | $1.8M | $1.1M | 5x |
Variational Omni RUNE
Extended RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX