Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.3050%/8h= +334.0% APRpaid last 24h +0.902%

Price spread now: dYdX against BingX−0.055%7-day average — · you buy dearer than you sell

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

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+3.640%+$364 on $10k

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. dYdX is 0.055% cheaper against BingX than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 1 hour of funding at the current rate (+$92 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYDX-USDT	0.1383	0.0100	pay 0.0100% / 8h	1h 42m	—	$7.4M	—
Short	dYdX DYDX-USD	0.1382	0.3150	get 0.0394% / 1h	42m 20s	$79K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee BingXbpFee dYdXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $640.54
Price spread: −0.055% → 0.000%: −$5.54
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $615
Costs to cover: 0.200%
Break-even: 0.3 days

Slippage unknown: BingX: live order book, 11 min ago; dYdX: 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 BingX live order book, 11 min ago	10.87 bp	21.7 bp −$22	52.9 bp −$529	368.0 bp −$36.8K	624.7 bp −$312.3K
Sell dYdX no order-book sample	—	—	—	—	—

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.

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	0.1383	0.000%	$6K	$51K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1383	0.000%	—	—	25x	as long as short
Lighter DYDX	+0.0096%	1h	0.1383	+0.007%	$62K	$47K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1384	+0.101%	$2.1M	$742K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1384	+0.048%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1383	+0.011%	$5.2M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1383	−0.036%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1385	+0.116%	$2.2M	$3.5M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1385	+0.145%	$53K	$19K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1383	0.000%	$392K	$471K	75x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DYDX_USDT	+0.0100%	8h	0.1382	−0.072%	$3.4M	$853K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1384	+0.072%	$2.3M	$4.1M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1383	0.000%	$1.4M	$1.2M	10x	as long as short
BingX DYDX-USDTlong	+0.0100%	8h	0.1383	long leg	—	$7.4M	—
Extended DYDX-USD	+0.0104%	1h	0.1383	+0.014%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1381	−0.157%	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0120%	8h	0.1383	0.000%	$300K	$14K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1383	+0.031%	$938	—	100x	as long as short
Kraken Futures PF_DYDXUSD	+0.0571%	1h	0.1385	+0.172%	$321K	$325K	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-USDshort	+0.3150%	1h	0.1382	−0.055%	$79K	$2K	5x