Funding you earn now, next payment 00:00 UTC−0.2993%/8h= −327.8% APRnext payment −$3.74 per $10,000 · paid last 24h −0.439%
Price spread now: Hyperliquid against dYdX+0.029%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3483.479% of the position
Funding, last 7 days−1.544%−$154 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.029%, 7d avg +0.037%
=Together, before fees−1.587%+ Points / potential airdropHyperliquid: Season 2 · farm board−$159 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$90 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.544% in total (about -80.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.74 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 | dYdX SEI-USD | 0.05945 | 0.3093 | pay 0.0387% / 1h | 49m 26s | $101K | $2K | 5x |
| Short | Hyperliquid SEI | 0.05946 | 0.0100 | get 0.0013% / 1h | 49m 26s | $3.4M | $6.5M | 5x |
dYdX SEI-USD
Hyperliquid SEIFunding 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
- −$628.59
- Price spread: +0.029% → +0.037%
- −$0.81
- Slippage, 4 orders
- −$328.9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$977.31
- Costs to cover
- 3.479%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 29 min ago; Hyperliquid: live order book, 3 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, 29 min ago | 158.65 bp | 163.7 bp −$164 | 164.1 bp −$1,641 | 224.3 bp −$22.4K | 1274.9 bp −$637.5K |
| Sell Hyperliquid live order book, 3 min ago | 0.84 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05941 | −0.058% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0014% | 8h | 0.05952 | +0.119% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05942 | −0.045% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05943 | −0.028% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05949 | +0.073% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05941 | −0.062% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05946 | +0.029% | $3.4M | $6.5M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05946 | +0.019% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05943 | −0.027% | $13.9M | $125.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05934 | −0.179% | $14.0M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05936 | −0.146% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05942 | −0.045% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05944 | −0.011% | $29.1M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05942 | −0.045% | $6.3M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05941 | −0.062% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05940 | −0.079% | — | $33.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05954 | +0.151% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.258% | $109K | $671K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05962 | +0.292% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05942 | −0.047% | $75K | $476K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0148% | 1h | 0.05946 | +0.022% | $119K | $563K | 10x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05956 | +0.191% | $696K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05944 | −0.007% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.415% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05939 | −0.087% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05985 | +0.678% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.3093% | 1h | 0.05945 | long leg | $101K | $2K | 5x |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP