Funding you earn now, next payment 22:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h −0.002%
Price spread now: Coinbase International against Hyperliquid−0.128%7-day average +0.110% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.128%, 7d avg +0.110%
=Together, before fees+0.045%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.238% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 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 | Hyperliquid DASH | 59.136 | 0.0524 | pay 0.0065% / 1h | 12m 19s | $4.4M | $2.4M | 5x |
| Short | Coinbase International DASH-PERP-INTX | 59.060 | 0.0248 | get 0.0031% / 1h | 12m 19s | $99K | $220K | 25x |
Hyperliquid DASH
Coinbase International DASH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$57.91
- Price spread: −0.128% → +0.110%
- −$23.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$100.67
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Coinbase International: live order book, 6 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 Hyperliquid live order book, 9 min ago | 2.12 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 8.50 bp | 18.3 bp −$18 | 32.8 bp −$328 | doesn't fit | doesn't fit |
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTM | −0.0023% | 8h | 59.000 | −0.229% | $8.0M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | −0.0017% | 1h | 58.850 | −0.483% | $7 | $134K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.020 | −0.195% | $236 | $2K | 50x | as long as short |
| OKX DASH-USDT-SWAP | +0.0095% | 4h | 58.980 | −0.263% | $5.2M | $27.2M | 50x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.047 | −0.150% | $118K | $99K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.020 | −0.195% | $127K | $352K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.012 | −0.209% | $27.9M | $85.7M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.010 | −0.212% | $10.4M | $18.4M | 75x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.030 | −0.179% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.000 | −0.229% | $20.8M | $10.0M | 100x | as long as short |
KuCoin DASHUSDTM
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
OKX DASH-USDT-SWAP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
Gate DASH_USDT
MEXC DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 59.010 | −0.212% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.000 | −0.229% | — | $6.2M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.858 | −0.470% | $310K | $277K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.050 | −0.145% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.005 | −0.221% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.140 | +0.007% | $124K | $201K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.009 | −0.214% | $10K | $202K | 10x | as long as short |
| BloFin DASH-USDT | +0.0162% | 8h | 58.960 | −0.297% | $2.6M | $1.3M | 75x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0238% | 1h | 59.068 | −0.115% | $713K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTXshort | +0.0248% | 1h | 59.060 | −0.128% | $99K | $220K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0480% / S −0.0419% | 1h | 59.017 | −0.200% | $126K | — | 50x | as long as short |
| Hyperliquid DASHlong | +0.0524% | 1h | 59.136 | long leg | $4.4M | $2.4M | 5x |
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Kraken Futures PF_DASHUSD
GMX DASH/USD [WBTC.b-USDC]