Funding you earn now, next payment 02:00 UTC−0.0438%/8h= −47.9% APRnext payment −$0.55 per $10,000 · paid last 24h −0.454%
Price spread now: Hyperliquid against dYdX+0.271%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days−1.578%−$158 on $10k
+Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.271%, 7d avg +0.040%
=Together, before fees−1.871%+ Points / potential airdropHyperliquid: Season 2 · farm board−$187 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.231% dearer against dYdX than usual: you sell high and buy low (spread +0.271% now, against its 7-day average of +0.040%): +$23 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05940 | 0.0538 | pay 0.0067% / 1h | 26m 20s | $101K | $2K | 5x |
| Short | Hyperliquid SEI | 0.05956 | 0.0100 | get 0.0013% / 1h | 26m 20s | $3.4M | $6.3M | 5x |
dYdX SEI-USD
Hyperliquid SEIFunding 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
- −$91.88
- Price spread: +0.271% → +0.040%
- $23.13
- Slippage, 4 orders
- −$112.24
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$199.99
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 42 min ago; Hyperliquid: live order book, 6 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 dYdX live order book, 42 min ago | 38.94 bp | 51.2 bp −$51 | 263.6 bp −$2,636 | 314.3 bp −$31.4K | 459.5 bp −$229.8K |
| Sell Hyperliquid live order book, 6 min ago | 0.08 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
SEI on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0815% / S +0.0444% | 1h | 0.05946 | +0.104% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0124% | 8h | 0.05942 | +0.029% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05946 | +0.112% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05948 | +0.138% | $34K | $206K | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0087% | 1h | 0.05928 | −0.199% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05947 | +0.121% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05956 | +0.271% | $3.4M | $6.3M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05945 | +0.085% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05950 | +0.172% | $14.2M | $129.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05947 | +0.121% | $14.1M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05944 | +0.071% | $3.2M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05949 | +0.155% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05952 | +0.205% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05955 | +0.256% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05952 | +0.205% | $9.5M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05951 | +0.188% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05946 | +0.104% | $119K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05928 | −0.199% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.334% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05949 | +0.155% | $2K | $98K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05953 | +0.222% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05946 | +0.103% | $75K | $540K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05953 | +0.227% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05943 | +0.053% | $378K | $1.6M | 50x | as long as short |
| dYdX SEI-USDlong | +0.0538% | 1h | 0.05940 | long leg | $101K | $2K | 5x | |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05941 | +0.020% | $9K | $43K | 12x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP