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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0426%/8h= +46.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.097%
Price spread now: GMX against Arcus−0.209%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.209% cheaper against Arcus than usual: you would sell low and buy high (spread −0.209% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 39 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DYDX-USD0.13920.0100pay 0.0013% / 1h15m 13s$54K$20K5x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1389L +0.0187% / S −0.0526%get 0.0066% / 1h15m 13s$942100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$89.36
Price spread: −0.209% → 0.000%
−$20.91
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee GMX: 6 bp × 2 orders
−$12
Net
$51.95
Costs to cover
0.165%
Break-even
2.9 days
Slippage unknown: Arcus: no order-book sample; GMX: 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 Arcus no order-book sample
Sell GMX no order-book sample
Arcus and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0214%1h0.1384−0.575%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1389−0.216%25xas long as short
BloFin DYDX-USDT+0.0092%8h0.1386−0.431%$298K$11K75xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1391−0.072%$313K$334K20xas long as short
Lighter DYDX+0.0096%1h0.1390−0.129%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1392−0.014%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1389−0.181%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1389−0.205%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1388−0.259%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1390−0.144%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USDlong+0.0100%1h0.1392long leg$54K$20K5x
Gate DYDX_USDT+0.0100%8h0.1388−0.287%$386K$461K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1389−0.216%$3.1M$917K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1391−0.072%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1390−0.144%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1389−0.216%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1389−0.227%$3K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.144%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1389−0.209%$942100x
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394+0.144%$18K$31K50xas long as short
dYdX DYDX-USD+0.2516%1h0.1388−0.286%$79K$2K5xas long as short