Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h —
Price spread now: Deribit against Arcus−0.145%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.145% cheaper against Arcus than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DYDX-USD | 0.1383 | 0.0100 | pay 0.0013% / 1h | 52m 52s | $53K | $19K | 5x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1381 | 0 | get 0.0000% / 1h | 52m 52s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Arcus. 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: −0.145% → 0.000%
- −$14.46
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$46.96
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Arcus and Deribit: 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 | −0.0316% | 1h | 0.1382 | −0.072% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1381 | −0.145% | — | — | 25x | |
| BloFin DYDX-USDT | +0.0091% | 8h | 0.1382 | −0.072% | $301K | $15K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1381 | −0.130% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1382 | −0.043% | $2.1M | $734K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.199% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.238% | $5.2M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.362% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1380 | −0.231% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USDlong | +0.0100% | 1h | 0.1383 | long leg | $53K | $19K | 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 | 0.1380 | −0.239% | $390K | $470K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.289% | $3.4M | $835K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | −0.145% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.217% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1380 | −0.217% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1380 | −0.235% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1381 | −0.149% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1381 | −0.158% | $937 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0573% | 1h | 0.1382 | −0.106% | $321K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.072% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.3419% | 1h | 0.1381 | −0.154% | $79K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX