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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX+0.028%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1201.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now +0.028%, 7d avg −0.020%
Together, before fees+0.119%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.048% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DYDX-USDT0.13790.0100pay 0.0100% / 8h1h 50m$8.0M
ShortExtended DYDX-USD0.13790.0104get 0.0013% / 1h50m 30s$3K$109K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.028% → −0.020%
$4.82
Slippage, 4 orders
−$105.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$114.79
Costs to cover
1.205%
Break-even
963.6 days
Slippage from BingX: live order book, 2 min ago; Extended: live order book, 30 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, 2 min ago10.87 bp21.7 bp −$2252.9 bp −$529368.0 bp −$36.8K624.7 bp −$312.3K
Sell Extended live order book, 30 min ago7.93 bp36.8 bp −$37243.5 bp −$2,435doesn't fitdoesn'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−0.0316%1h0.1381+0.145%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13790.000%25xas long as short
BloFin DYDX-USDT+0.0079%8h0.13790.000%$299K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1380+0.080%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1383+0.261%$2.1M$734K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1379+0.032%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1380+0.050%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1378−0.044%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1381+0.109%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1382+0.218%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.13790.000%$390K$470K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.13790.000%$3.4M$853K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1380+0.073%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1380+0.073%$1.4M$1.2M10xas long as short
BingX DYDX-USDTlong+0.0100%8h0.1379long leg$8.0M
Extended DYDX-USDshort+0.0104%1h0.1379+0.028%$3K$109K10x
Aevo DYDX-PERP+0.0104%1h0.1379−0.031%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1379+0.009%$935100xas long as short
Kraken Futures PF_DYDXUSD+0.0573%1h0.1380+0.082%$321K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1384+0.363%$16K$29K50xas long as short
dYdX DYDX-USD+0.3308%1h0.1380+0.085%$78K$2K5xas long as short