DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.2532%/8h= −277.3% APRnext payment −$3.17 per $10,000 · paid last 24h −0.884%

Price spread now: Hyperliquid against dYdX+0.216%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−3.670%−$367 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

The price spread pays, funding is against you. Hyperliquid is 0.216% dearer against dYdX than usual: you sell high and buy low (spread +0.216% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$76 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DYDX-USD	0.1389	0.2632	pay 0.0329% / 1h	58m 36s	$79K	$2K	5x
Short	Hyperliquid DYDX	0.1392	0.0100	get 0.0013% / 1h	58m 36s	$2.1M	$737K	5x

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$531.72
Price spread: +0.216% → 0.000%: $21.56
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$529.16
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 2 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 dYdX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 2 min ago	1.08 bp	28.9 bp −$29	doesn't fit	doesn't fit	doesn't fit

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.

DYDX on 21 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 DYDX/USDC PERP	−0.0214%	1h	0.1395	+0.424%	$6K	$52K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1389	−0.008%	—	—	25x	as long as short
BloFin DYDX-USDT	+0.0090%	8h	0.1388	−0.080%	$296K	$14K	75x	as long as short
Kraken Futures PF_DYDXUSD	+0.0095%	1h	0.1391	+0.148%	$313K	$332K	20x	as long as short
Lighter DYDX	+0.0096%	1h	0.1389	+0.028%	$62K	$48K	5x	as long as short
Hyperliquid DYDXshort	+0.0100%	1h	0.1392	+0.216%	$2.1M	$737K	5x
Aster DYDXUSDT	+0.0100%	8h	0.1390	+0.038%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1389	+0.012%	$5.3M	$8.3M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1387	−0.123%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1389	−0.029%	$2.2M	$3.4M	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DYDX-USD	+0.0100%	1h	0.1391	+0.136%	$54K	$20K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1390	+0.043%	$387K	$456K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1389	−0.008%	$3.1M	$913K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1391	+0.136%	$2.4M	$3.9M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1389	−0.008%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1389	−0.008%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1389	+0.025%	$3K	$104K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1390	+0.067%	$50K	—	3x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1389	−0.026%	$942	—	100x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0648%	1h	0.1392	+0.208%	$16K	$30K	50x	as long as short
dYdX DYDX-USDlong	+0.2632%	1h	0.1389	long leg	$79K	$2K	5x