Funding you earn now, next payment 03:00 UTC−0.0327%/8h= −35.8% APRnext payment −$0.41 per $10,000 · paid last 24h −0.034%
Price spread now: dYdX against Hyperliquid−0.124%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$10 a day on $10k at the current rate, and dYdX is 0.124% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WIF | 0.2494 | 0.0327 | pay 0.0041% / 1h | 11m 49s | $8.1M | $4.8M | 5x |
| Short | dYdX WIF-USD | 0.2491 | 0 | get 0.0000% / 1h | 11m 49s | $19K | $589 | 10x |
Hyperliquid WIF
dYdX WIF-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
- −$68.62
- Price spread: −0.124% → 0.000%
- −$12.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$100.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 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, 10 min ago | 1.20 bp | 13.0 bp −$13 | 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.
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0189% | 4h | 0.2493 | −0.024% | $785K | $833K | 75x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2491 | −0.124% | $19K | $589 | 10x | |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2487 | −0.265% | $47K | $258K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2487 | −0.277% | $804 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −0.946% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2494 | +0.004% | $140K | $628K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2487 | −0.265% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2487 | −0.246% | $34K | $283K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2490 | −0.163% | $77K | $57K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2493 | −0.024% | $19.1M | $115.0M | 75x | as long as short |
BloFin WIF-USDT
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2486 | −0.305% | $17.1M | $38.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2488 | −0.225% | $5.9M | $35.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2488 | −0.225% | $1.2M | $7.6M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2488 | −0.225% | $22.3M | $11.1M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2486 | −0.305% | $4.7M | $13.6M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2489 | −0.184% | $7.5M | $12.8M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2487 | −0.265% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2485 | −0.365% | $85K | $272K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2503 | +0.377% | $76K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2503 | +0.375% | $285K | $2.1M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2495 | +0.056% | $43K | $626K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2487 | −0.265% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2483 | −0.425% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2487 | −0.265% | $571 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2487 | −0.265% | $167K | $694K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2487 | −0.270% | $9K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2487 | −0.265% | $83K | $85 | 3x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0137% | 1h | 0.2488 | −0.226% | $652K | $2.3M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0149% / S −0.0023% | 1h | 0.2487 | −0.277% | $8K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2487 | −0.265% | $331K | $2.7M | 50x | as long as short |
| Hyperliquid WIFlong | +0.0327% | 1h | 0.2494 | long leg | $8.1M | $4.8M | 5x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2486 | −0.322% | $0 | — | 15x | as long as short |
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Kraken Futures PF_WIFUSD
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP