Funding arb · Price arb /

1INCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%

Price spread now: Binance against dYdX−0.072%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

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—needs both histories

Funding pays, the price is against you. Binance is 0.072% cheaper against dYdX than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days 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 1INCH-USD	0.1016	0	get 0.0000% / 1h	52m 38s	$20K	$193	5x
Short	Binance 1INCHUSDT	0.1016	0.0100	get 0.0100% / 8h	4h 52m	$3.3M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee BinancebpOrdersPrice spread, now −0.072%Rate

Funding earned: $21
Price spread: −0.072% → 0.000%: −$7.24
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$6.24
Costs to cover: 0.200%
Break-even: 9.1 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago	0.49 bp	21.5 bp −$21	100.2 bp −$1,002	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.

1INCH on 13 exchanges

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 1INCH-USDlong	0.0000%	1h	0.1016	long leg	$20K	$193	5x
Injective 1INCH/USDC PERP	+0.0033%	1h	0.09766	−3.900%	$6	$26K	5.5x	as long as short
Binance 1INCHUSDTshort	+0.0100%	8h	0.1016	−0.072%	$3.3M	$2.7M	75x
Bybit 1INCHUSDT	+0.0100%	8h	0.1013	−0.289%	$3.4M	$742K	75x	as long as short
OKX 1INCH-USDT-SWAP	+0.0100%	8h	0.1014	−0.210%	$675K	$603K	20x	as long as short
Gate 1INCH_USDT	+0.0100%	8h	0.1017	+0.036%	$246K	$31K	50x	as long as short
MEXC 1INCH_USDT	+0.0100%	8h	0.1015	−0.112%	$869K	$193K	200x	as long as short
KuCoin 1INCHUSDTM	+0.0100%	8h	0.1015	−0.122%	$491K	$146K	30x	as long as short
Bitget 1INCHUSDT	+0.0100%	8h	0.1015	−0.082%	$484K	$277K	75x	as long as short
BingX 1INCH-USDT	+0.0100%	8h	0.1014	−0.181%	—	$10.1M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 1INCH	+0.0100%	8h	0.1014	−0.192%	$36K	$455	—	as long as short
BloFin 1INCH-USDT	+0.0115%	8h	0.1018	+0.164%	$164K	$23K	75x	as long as short
Kraken Futures PF_1INCHUSD	+0.0781%	1h	0.1017	+0.081%	$64K	$4K	10x	as long as short