Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Hyperliquid against dYdX+0.290%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$3 a day on $10k at the current rate, and Hyperliquid is 0.290% dearer against dYdX than usual: you sell high and buy low: +$29 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 | dYdX DYM-USD | 0.01833 | 0.0007 | pay 0.0001% / 1h | 35m 45s | $251 | — | 5x |
| Short | Hyperliquid DYM | 0.01838 | 0.0100 | get 0.0013% / 1h | 35m 45s | $370K | $234K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against dYdX. 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
- $19.51
- Price spread: +0.290% → 0.000%
- $28.98
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $29.5
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 24 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 24 min ago | 2.73 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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.
DYM on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DYM-USDlong | +0.0007% | 1h | 0.01833 | long leg | $251 | — | 5x | |
| Injective DYM/USDC PERP | +0.0033% | 1h | 0.01718 | −6.258% | $237 | $12K | 5.5x | as long as short |
| Hyperliquid DYMshort | +0.0100% | 1h | 0.01838 | +0.290% | $370K | $234K | 3x | |
| Aster DYMUSDT | +0.0100% | 4h | 0.01837 | +0.232% | $76K | $7K | 5x | as long as short |
| Binance DYMUSDT | +0.0100% | 4h | 0.01838 | +0.313% | $2.4M | $4.4M | 10x | as long as short |
| Bybit DYMUSDT | +0.0100% | 4h | 0.01835 | +0.148% | $772K | $499K | 25x | as long as short |
| Gate DYM_USDT | +0.0100% | 4h | 0.01844 | +0.617% | $155K | $93K | 25x | as long as short |
| MEXC DYM_USDT | +0.0100% | 4h | 0.01839 | +0.344% | $1.2M | $567K | 20x | as long as short |
| Bitget DYMUSDT | +0.0100% | 4h | 0.01839 | +0.344% | $398K | $156K | 25x | as long as short |
| BingX DYM-USDT | +0.0100% | 4h | 0.01838 | +0.290% | — | $16.1M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DYM | +0.0100% | 4h | 0.01836 | +0.163% | $9K | $5K | — | as long as short |
| Extended DYM-USD | +0.0104% | 1h | 0.01838 | +0.290% | $3K | $147K | 5x | as long as short |
| KuCoin DYMUSDTM | +0.1064% | 4h | 0.01843 | +0.563% | $426K | $126K | 25x | as long as short |
| Kraken Futures PF_DYMUSD | +0.4088% | 1h | 0.01849 | +0.872% | $15K | $4K | 10x | as long as short |
Hyperliquid DYM
Injective DYM/USDC PERP
Aster DYMUSDT
Binance DYMUSDT
Bybit DYMUSDT
Gate DYM_USDT
MEXC DYM_USDT
Bitget DYMUSDT
BingX DYM-USDT
Variational Omni DYM
Extended DYM-USD
KuCoin DYMUSDTM
Kraken Futures PF_DYMUSD