Funding you earn now, next payment 09:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.046%
Price spread now: Hyperliquid against dYdX+0.097%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 +$5 a day on $10k at the current rate, and Hyperliquid is 0.097% dearer against dYdX than usual: you sell high and buy low: +$10 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 ZORA-USD | 0.008478 | 0 | get 0.0000% / 1h | 48m 59s | $292 | $19 | 5x |
| Short | Hyperliquid ZORA | 0.008486 | 0.0181 | get 0.0023% / 1h | 48m 59s | $1.6M | $321K | 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
- $38.09
- Price spread: +0.097% → 0.000%
- $9.67
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $28.75
- Costs to cover
- 0.190%
- Break-even
- 1.7 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 2 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, 2 min ago | 0.59 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.
ZORA on 17 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 ZORA-USDlong | 0.0000% | 1h | 0.008478 | long leg | $292 | $19 | 5x | |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008469 | −0.104% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008457 | −0.245% | $23K | $22K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008475 | −0.036% | $26K | $17K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008475 | −0.036% | $2.5M | $4.5M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008464 | −0.163% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008469 | −0.104% | $760K | $993K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008460 | −0.210% | $154K | $88K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008472 | −0.068% | $9.9M | $226K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008472 | −0.068% | $750K | $1.6M | 30x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008473 | −0.057% | $694K | $310K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008470 | −0.092% | $35K | $101K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008485 | +0.086% | $127K | $25K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008650 | +2.031% | $2K | $1.4M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008470 | −0.091% | $9K | $200K | 5x | as long as short |
| Hyperliquid ZORAshort | +0.0181% | 1h | 0.008486 | +0.097% | $1.6M | $321K | 3x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008468 | −0.116% | $1K | — | 100x | as long as short |
Hyperliquid ZORA
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]