Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.309%
Price spread now: Hyperliquid against dYdX−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. Hyperliquid is 0.049% cheaper against dYdX than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WLFI-USD | 0.05750 | 0 | get 0.0000% / 1h | 2m 09s | $11K | $970 | 5x |
| Short | Hyperliquid WLFI | 0.05747 | 0.0100 | get 0.0013% / 1h | 2m 09s | $10.5M | $1.3M | 5x |
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
- $21
- Price spread: −0.049% → 0.000%
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$2.91
- Costs to cover
- 0.190%
- Break-even
- 8.0 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 10 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, 10 min ago | 1.04 bp | 9.2 bp −$9 | 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.
WLFI on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSD | −0.0330% | 1h | 0.05752 | +0.031% | $99K | $85K | 20x | as long as short |
| Lighter WLFI | −0.0072% | 1h | 0.05745 | −0.086% | $1.0M | $415K | 5x | as long as short |
| Coinbase International WLFI-PERP-INTX | −0.0032% | 1h | 0.05737 | −0.225% | $32K | $15K | 50x | as long as short |
| dYdX WLFI-USDlong | 0.0000% | 1h | 0.05750 | long leg | $11K | $970 | 5x | |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +5.141% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05750 | −0.002% | $314 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.590% | $6K | $77K | 5.5x | as long as short |
| Aster WLFIUSDT | +0.0051% | 4h | 0.05749 | −0.022% | $1.6M | $582K | 20x | as long as short |
| Paradex WLFI-USD-PERP | +0.0082% | 8h | 0.05744 | −0.097% | $2K | $118 | 5x | as long as short |
| 01 Exchange WLFIUSD | +0.0096% | 1h | 0.05752 | +0.036% | $4K | $319 | 3x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WLFI_USDC-PERPETUAL | +0.0098% | 1h | 0.05754 | +0.071% | $522 | $11K | 10x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05744 | −0.094% | $81K | $23K | 5x | as long as short |
| Hyperliquid WLFIshort | +0.0100% | 1h | 0.05747 | −0.049% | $10.5M | $1.3M | 5x | |
| Pacifica WLFI | +0.0100% | 1h | 0.05746 | −0.068% | $247K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05754 | +0.067% | $138.1M | $40.0M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05748 | −0.033% | $21.0M | $17.9M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05748 | −0.033% | $7.7M | $12.7M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05754 | +0.066% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05750 | +0.001% | $3.4M | $2.9M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05753 | +0.053% | $13.8M | $22.1M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05751 | +0.019% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05750 | +0.001% | $8.0M | $3.2M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05748 | −0.033% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05751 | +0.019% | $239K | $27K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05745 | −0.077% | $449K | $41K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05750 | +0.001% | $276K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05750 | +0.001% | $33K | $39K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05760 | +0.175% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05753 | +0.053% | $126 | $6K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05746 | −0.066% | $133K | $487K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05752 | +0.040% | $3K | — | 100x | as long as short |
Hyperliquid WLFI
Kraken Futures PF_WLFIUSD
Lighter WLFI
Coinbase International WLFI-PERP-INTX
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Aster WLFIUSDT
Paradex WLFI-USD-PERP
01 Exchange WLFIUSD
Deribit WLFI_USDC-PERPETUAL
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
GMX WLFI/USD [ETH-USDC]