Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h 0.000%

Price spread now: BloFin against Arcus−0.144%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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. BloFin is 0.144% cheaper against Arcus than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 16 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DYDX-USD	0.1388	0.0100	pay 0.0013% / 1h	40m 13s	$54K	$20K	5x
Short	BloFin DYDX-USDT	0.1386	0.0129	get 0.0129% / 8h	7h 40m	$298K	$12K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Arcus. 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 ArcusbpFee BloFinbpOrdersPrice spread, now −0.144%Rate

Funding earned: $6.19
Price spread: −0.144% → 0.000%: −$14.41
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.72
Costs to cover: 0.165%
Break-even: 35.0 days

Slippage unknown: Arcus: no order-book sample; BloFin: live order book, 27 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 Arcus no order-book sample	—	—	—	—	—
Sell BloFin live order book, 27 min ago	3.61 bp	29.6 bp −$30	61.3 bp −$613	282.7 bp −$28.3K	doesn't fit

Arcus: 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.

DYDX on 21 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
Injective DYDX/USDC PERP	−0.0214%	1h	0.1387	−0.072%	$6K	$52K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1386	−0.144%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSD	+0.0095%	1h	0.1388	−0.005%	$312K	$332K	20x	as long as short
Lighter DYDX	+0.0096%	1h	0.1386	−0.108%	$62K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1389	+0.036%	$2.1M	$735K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1385	−0.195%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1386	−0.123%	$5.2M	$8.3M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1385	−0.195%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1386	−0.159%	$2.2M	$3.4M	20x	as long as short
Arcus DYDX-USDlong	+0.0100%	1h	0.1388	long leg	$54K	$20K	5x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DYDX_USDT	+0.0100%	8h	0.1386	−0.137%	$386K	$457K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1386	−0.144%	$3.1M	$916K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1387	−0.072%	$2.3M	$3.9M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1386	−0.144%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1386	−0.144%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1386	−0.165%	$3K	$108K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1389	+0.071%	$50K	—	3x	as long as short
BloFin DYDX-USDTshort	+0.0129%	8h	0.1386	−0.144%	$298K	$12K	75x
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1386	−0.151%	$940	—	100x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0648%	1h	0.1390	+0.144%	$16K	$30K	50x	as long as short
dYdX DYDX-USD	+0.2314%	1h	0.1386	−0.174%	$79K	$2K	5x	as long as short