Funding you earn now, next payment 05:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h −0.003%
Price spread now: OKX against Hyperliquid−0.110%7-day average −0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.110%, 7d avg −0.048%
=Together, before fees+0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.062% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1362 | 0.0171 | pay 0.0021% / 1h | 0m 47s | $2.1M | $722K | 5x |
| Short | OKX DYDX-USDT-SWAP | 0.1360 | 0.0100 | get 0.0100% / 8h | 3h 00m | $2.1M | $3.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$14.82
- Price spread: −0.110% → −0.048%
- −$6.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.06
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago | 1.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.48 bp | 31.4 bp −$31 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1361 | −0.051% | $60K | $48K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1361 | −0.045% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1360 | −0.125% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.250% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAPshort | +0.0100% | 8h | 0.1360 | −0.110% | $2.1M | $3.2M | 20x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1360 | −0.140% | $384K | $463K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1359 | −0.198% | $2.9M | $812K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1361 | −0.051% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1360 | −0.125% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1361 | −0.051% | — | $3.0M | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DYDX-USD | +0.0104% | 1h | 0.1360 | −0.151% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | −0.125% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0129% | 8h | 0.1366 | +0.316% | $299K | $12K | 75x | as long as short |
| Hyperliquid DYDXlong | +0.0171% | 1h | 0.1362 | long leg | $2.1M | $722K | 5x | |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1357 | −0.345% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1359 | −0.200% | $922 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1362 | +0.022% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0485% | 1h | 0.1361 | −0.051% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0661% | 1h | 0.1362 | +0.021% | $308K | $349K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1368 | +0.463% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3127% | 1h | 0.1359 | −0.233% | $77K | $2K | 5x | as long as short |
Hyperliquid DYDX
OKX DYDX-USDT-SWAP
Lighter DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
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