Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.031%
Price spread now: Binance against dYdX+0.067%7-day average — · you sell dearer than you buy
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—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.067% dearer against dYdX than usual: you sell high and buy low: +$7 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 ATH-USD | 0.005543 | 0 | get 0.0000% / 1h | 30m 44s | $11K | $57 | 5x |
| Short | Binance ATHUSDT | 0.005547 | 0.0100 | get 0.0050% / 4h | 2h 30m | $3.4M | $4.1M | 50x |
dYdX ATH-USD
Binance ATHUSDTFunding 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 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: +0.067% → 0.000%
- $6.71
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $7.71
- Costs to cover
- 0.200%
- Break-even
- 4.4 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 | 4.51 bp | 35.9 bp −$36 | 108.3 bp −$1,083 | 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.
ATH on 12 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_ATHUSD | −0.2720% | 1h | 0.005544 | +0.011% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0073% | 4h | 0.005541 | −0.036% | $186K | $93K | — | as long as short |
| dYdX ATH-USDlong | 0.0000% | 1h | 0.005543 | long leg | $11K | $57 | 5x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005549 | +0.109% | $5K | $40K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005547 | +0.067% | $3.4M | $4.1M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005537 | −0.110% | $4.4M | $2.4M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005541 | −0.038% | $705K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005539 | −0.074% | $791K | $552K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005546 | +0.052% | $8.9M | $607K | 50x | as long as short |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005546 | +0.052% | $562K | $76K | 30x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
Aster ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005545 | +0.034% | $1.6M | $848K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005544 | +0.016% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT