DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.5586%/8h= +611.7% APRnext payment +$6.98 per $10,000 · paid last 24h +1.172%

Price spread now: dYdX against Hyperliquid−0.138%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+4.421%+$442 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

Funding pays, the price is against you. dYdX is 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2 hours of funding at the current rate (+$168 a day). At the pace of the last 7 days (+4.421% in total) that is about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DYDX	0.1341	0.0100	pay 0.0013% / 1h	51m 28s	$2.0M	$691K	5x
Short	dYdX DYDX-USD	0.1339	0.5686	get 0.0711% / 1h	51m 28s	$76K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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 HyperliquidbpFee dYdXbpOrdersPrice spread, now −0.138%Rate

Funding earned: $1,173.03
Price spread: −0.138% → 0.000%: −$13.78
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: $1,140.25
Costs to cover: 0.190%
Break-even: 0.2 days

Slippage unknown: Hyperliquid: live order book, 2 min ago; dYdX: 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, 2 min ago	1.12 bp	18.8 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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 exchanges

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	−0.1214%	1h	0.1336	−0.380%	$6K	$41K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1339	−0.157%	—	—	25x	as long as short
Gate DYDX_USDT	+0.0064%	8h	0.1338	−0.239%	$359K	$371K	75x	as long as short
Lighter DYDX	+0.0096%	1h	0.1340	−0.119%	$59K	$29K	5x	as long as short
Hyperliquid DYDXlong	+0.0100%	1h	0.1341	long leg	$2.0M	$691K	5x
Aster DYDXUSDT	+0.0100%	8h	0.1339	−0.190%	$5K	$10K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1338	−0.209%	$5.2M	$7.4M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1338	−0.209%	$4.6M	$2.6M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1338	−0.194%	$2.1M	$2.5M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1341	−0.007%	$51K	$21K	5x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DYDX_USDT	+0.0100%	8h	0.1339	−0.157%	$2.9M	$666K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1339	−0.157%	$2.3M	$3.1M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1339	−0.157%	$1.3M	$717K	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1339	−0.157%	—	$3.7M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1338	−0.247%	$4K	$401K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1340	−0.114%	$49K	—	3x	as long as short
BloFin DYDX-USDT	+0.0120%	8h	0.1338	−0.231%	$288K	$41K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0184% / S −0.0355%	1h	0.1339	−0.133%	$689	—	100x	as long as short
Kraken Futures PF_DYDXUSD	+0.0185%	1h	0.1340	−0.108%	$303K	$287K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0832%	1h	0.1344	+0.216%	$16K	$25K	50x	as long as short
dYdX DYDX-USDshort	+0.5686%	1h	0.1339	−0.138%	$76K	$2K	5x