Funding you earn now, next payment 05:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: Arcus against Hyperliquid+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Arcus is 0.044% dearer against Hyperliquid than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1368 | 0.0109 | pay 0.0014% / 1h | 10m 21s | $2.1M | $721K | 5x |
| Short | Arcus DYDX-USD | 0.1369 | 0.0248 | get 0.0031% / 1h | 10m 21s | $53K | $20K | 5x |
Hyperliquid DYDX
Arcus DYDX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $29.34
- Price spread: +0.044% → 0.000%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $20.23
- Costs to cover
- 0.135%
- Break-even
- 2.2 days
Slippage unknown: Hyperliquid: live order book, 11 min ago; Arcus: 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, 11 min ago | 1.45 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1366 | −0.175% | $60K | $48K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.088% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1366 | −0.175% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1364 | −0.314% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1366 | −0.205% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1365 | −0.248% | $386K | $462K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1366 | −0.175% | $2.9M | $811K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1366 | −0.175% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1366 | −0.175% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1367 | −0.102% | — | $3.0M | — | as long as short |
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DYDX-USD | +0.0104% | 1h | 0.1366 | −0.204% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1366 | −0.198% | $50K | — | 3x | as long as short |
| Hyperliquid DYDXlong | +0.0109% | 1h | 0.1368 | long leg | $2.1M | $721K | 5x | |
| BloFin DYDX-USDT | +0.0125% | 8h | 0.1369 | +0.044% | $299K | $12K | 75x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1371 | +0.190% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1365 | −0.279% | $926 | — | 100x | as long as short |
| Arcus DYDX-USDshort | +0.0248% | 1h | 0.1369 | +0.044% | $53K | $20K | 5x | |
| Deribit DYDX_USDC-PERPETUAL | +0.0483% | 1h | 0.1366 | −0.175% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0659% | 1h | 0.1366 | −0.162% | $309K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1377 | +0.628% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2979% | 1h | 0.1367 | −0.128% | $78K | $2K | 5x | as long as short |
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD