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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX−0.363%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.363%, 7d avg −0.012%
Together, before fees+0.521%+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.351% cheaper against BingX than usual: you would sell low and buy high (spread −0.363% now, against its 7-day average of −0.012%). If the spread goes back, that is −$35 on $10k: about 4 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DYDX-USDT0.13780.0100pay 0.0100% / 8h4h 02m$3.0M
ShortBloFin DYDX-USDT0.13730.0109get 0.0109% / 8h4h 02m$299K$12K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$1.99
Price spread: −0.363% → −0.012%
−$35.09
Slippage, 4 orders
−$61.03
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$116.14
Costs to cover
0.830%
Break-even
416.2 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago7.26 bp25.2 bp −$2568.9 bp −$689428.1 bp −$42.8K610.4 bp −$305.2K
Sell BloFin live order book, 19 min ago10.90 bp16.9 bp −$1744.1 bp −$441251.2 bp −$25.1Kdoesn't fit

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−0.0539%1h0.1373−0.363%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1377−0.080%$61K$49K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1379+0.065%$2.1M$723K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1377−0.039%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1377−0.080%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1375−0.203%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1378−0.022%$2.1M$3.3M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1375−0.218%$389K$477K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1377−0.073%$3.0M$810K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1376−0.145%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1377−0.073%$1.4M$1.1M10xas long as short
BingX DYDX-USDTlong+0.0100%8h0.1378long leg$3.0M
Extended DYDX-USD+0.0104%1h0.1377−0.102%$1K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1376−0.158%$50K3xas long as short
BloFin DYDX-USDTshort+0.0109%8h0.1373−0.363%$299K$12K75x
Arcus DYDX-USD+0.0162%1h0.1381+0.218%$53K$20K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1376−0.146%$932100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0477%1h0.1377−0.073%25xas long as short
Kraken Futures PF_DYDXUSD+0.0552%1h0.1378−0.012%$310K$351K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0856%1h0.1376−0.145%$17K$37K50xas long as short
dYdX DYDX-USD+0.2954%1h0.1375−0.208%$78K$2K5xas long as short