Funding you earn now, next payment 05:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.003%
Price spread now: BingX against Hyperliquid−0.227%7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.270%+$27 · spread now −0.227%, 7d avg −0.089%
=Together, before fees+0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1367 | 0.0124 | pay 0.0015% / 1h | 7m 48s | $2.1M | $721K | 5x |
| Short | BingX DYDX-USDT | 0.1364 | 0.0100 | get 0.0100% / 8h | 3h 07m | — | $3.0M | — |
Hyperliquid DYDX
BingX DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$4.94
- Price spread: −0.227% → −0.089%
- −$13.8
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$37.74
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago | 1.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 10.94 bp | 28.7 bp −$29 | 64.6 bp −$646 | 332.6 bp −$33.3K | 577.7 bp −$288.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0076% | 8h | 0.1363 | −0.300% | $297K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1364 | −0.190% | $60K | $48K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1363 | −0.299% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1364 | −0.201% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1363 | −0.322% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1364 | −0.249% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1363 | −0.300% | $386K | $462K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1363 | −0.300% | $2.9M | $811K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1363 | −0.300% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1365 | −0.154% | $1.4M | $1.0M | 10x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDTshort | +0.0100% | 8h | 0.1364 | −0.227% | — | $3.0M | — | |
| Extended DYDX-USD | +0.0104% | 1h | 0.1364 | −0.258% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1365 | −0.154% | $50K | — | 3x | as long as short |
| Hyperliquid DYDXlong | +0.0124% | 1h | 0.1367 | long leg | $2.1M | $721K | 5x | |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1371 | +0.285% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1363 | −0.274% | $924 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1365 | −0.154% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0484% | 1h | 0.1364 | −0.227% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0659% | 1h | 0.1365 | −0.123% | $309K | $348K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1377 | +0.724% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2994% | 1h | 0.1362 | −0.368% | $77K | $2K | 5x | as long as short |
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD