Funding you earn now, next payment 01:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: dYdX against Hyperliquid−0.162%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 −$2 a day on $10k at the current rate, and dYdX is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 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 APE | 0.1489 | 0.0100 | pay 0.0013% / 1h | 8m 34s | $1.3M | $369K | 5x |
| Short | dYdX APE-USD | 0.1487 | 0.0037 | get 0.0005% / 1h | 8m 34s | $9K | $5 | 5x |
Hyperliquid APE
dYdX APE-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
- −$13.17
- Price spread: −0.162% → 0.000%
- −$16.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$48.42
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 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, 2 min ago | 1.69 bp | doesn't fit | 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.
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0209% | 1h | 0.1487 | −0.122% | $412K | $609K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1486 | −0.214% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −17.059% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1487 | −0.134% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −7.455% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USDshort | +0.0037% | 1h | 0.1487 | −0.162% | $9K | $5 | 5x | |
| Hyperliquid APElong | +0.0100% | 1h | 0.1489 | long leg | $1.3M | $369K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1487 | −0.158% | $124K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1487 | −0.134% | $4.2M | $6.4M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1487 | −0.148% | $3.7M | $2.9M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1488 | −0.060% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1487 | −0.148% | $636K | $303K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1486 | −0.201% | $4.4M | $961K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1486 | −0.201% | $1.8M | $2.4M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1487 | −0.134% | $2.1M | $552K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1486 | −0.201% | — | $13.2M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1480 | −0.591% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1486 | −0.224% | $4K | $210K | 10x | as long as short |
| BloFin APE-USDT | +0.0122% | 8h | 0.1484 | −0.336% | $220K | $51K | 75x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0840% | 1h | 0.1486 | −0.201% | $100K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX