Settings8H · net · $10k
Funding arb · Price arb /

ATH

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.031%
Price spread now: dYdX against Binance+0.054%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATHUSDT0.0054950.0100pay 0.0050% / 4h2h 05m$3.3M$4.1M50x
ShortdYdX ATH-USD0.0054980get 0.0000% / 1h5m 32s$11K$575x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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

Funding earned
−$21
Price spread: +0.054% → 0.000%
$5.35
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$35.65
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago4.54 bp26.4 bp −$26110.0 bp −$1,100doesn't fitdoesn'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.

ATH on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.2747%1h0.005490−0.101%$19K$106K10xas long as short
Variational Omni ATH−0.0075%4h0.005486−0.173%$184K$93Kas long as short
dYdX ATH-USDshort0.0000%1h0.005498+0.054%$11K$575x
Aster ATHUSDT+0.0100%4h0.005494−0.023%$4K$41K5xas long as short
Binance ATHUSDTlong+0.0100%4h0.005495long leg$3.3M$4.1M50x
Bybit ATHUSDT+0.0100%4h0.005482−0.238%$4.3M$2.5M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005487−0.147%$697K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005484−0.201%$783K$560K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005495−0.001%$8.8M$623K50xas long as short
KuCoin ATHUSDTM+0.0100%4h0.005489−0.110%$553K$77K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.005492−0.056%$1.5M$854K25xas long as short
BingX ATH-USDT+0.0100%4h0.005490−0.092%$21.7Mas long as short