Funding you earn now, next payment 23:00 UTC+0.0449%/8h= +49.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.732%
Price spread now: dYdX against Hyperliquid−0.148%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.904%+$190 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 0.148% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 26 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+1.904% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid RUNE | 0.6441 | 0.0776 | pay 0.0097% / 1h | 26m 55s | $1.7M | $867K | 5x |
| Short | dYdX RUNE-USD | 0.6432 | 0.1225 | get 0.0153% / 1h | 26m 55s | $55K | $4K | 5x |
Hyperliquid RUNE
dYdX RUNE-USDFunding 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
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
- $94.38
- Price spread: −0.148% → 0.000%
- −$14.8
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $60.57
- Costs to cover
- 0.190%
- Break-even
- 2.5 days
Slippage unknown: Hyperliquid: live order book, 4 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, 4 min ago | 1.25 bp | 26.2 bp −$26 | 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.
RUNE on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.1301% | 1h | 0.6438 | −0.050% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.443% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0078% | 8h | 0.6435 | −0.096% | $456K | $157K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6431 | −0.166% | $4.8M | $10.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6430 | −0.174% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6437 | −0.065% | $662K | $301K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6430 | −0.174% | $3.5M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6433 | −0.127% | $907K | $200K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6440 | −0.019% | $1.6M | $509K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6431 | −0.158% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6417 | −0.373% | $127K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6429 | −0.191% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6454 | +0.199% | $37K | $18K | 25x | as long as short |
| Hyperliquid RUNElong | +0.0776% | 1h | 0.6441 | long leg | $1.7M | $867K | 5x | |
| dYdX RUNE-USDshort | +0.1225% | 1h | 0.6432 | −0.148% | $55K | $4K | 5x | |
| Kraken Futures PF_RUNEUSD | +0.2123% | 1h | 0.6453 | +0.180% | $188K | $229K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD