Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Bybit against Hyperliquid−0.202%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.165%+$17 · spread now −0.202%, 7d avg −0.132%
=Together, before fees+0.158%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.070% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1383 | 0.0100 | pay 0.0013% / 1h | 1m 40s | $2.1M | $723K | 5x |
| Short | Bybit DYDXUSDT | 0.1380 | 0.0100 | get 0.0100% / 8h | 4h 01m | $4.7M | $2.5M | 75x |
Hyperliquid DYDX
Bybit DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.202% → −0.132%
- −$7.02
- Slippage, 4 orders
- −$88
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$115.02
- Costs to cover
- 1.080%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bybit: live order book, 1 min ago.
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 | 1.09 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.82 bp | 32.7 bp −$33 | 238.6 bp −$2,386 | doesn't fit | doesn't fit |
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 | −0.0539% | 1h | 0.1373 | −0.716% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1381 | −0.137% | $61K | $49K | 5x | as long as short |
| Hyperliquid DYDXlong | +0.0100% | 1h | 0.1383 | long leg | $2.1M | $723K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.219% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.146% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1380 | −0.202% | $4.7M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | −0.137% | $2.2M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.282% | $390K | $477K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.210% | $3.0M | $810K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | −0.137% | $2.4M | $3.7M | 50x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.137% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1382 | −0.065% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1382 | −0.046% | $5K | $115K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1379 | −0.307% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0109% | 8h | 0.1373 | −0.716% | $299K | $12K | 75x | as long as short |
| Arcus DYDX-USD | +0.0162% | 1h | 0.1384 | +0.080% | $54K | $20K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1378 | −0.375% | $935 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0476% | 1h | 0.1379 | −0.282% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0552% | 1h | 0.1379 | −0.271% | $310K | $351K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0856% | 1h | 0.1380 | −0.210% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2961% | 1h | 0.1379 | −0.265% | $78K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Arcus DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD