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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bitget+0.145%55s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.145%, 7d avg +0.002%
Together, before fees−0.139%−$14 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: BloFin is 0.143% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DYDXUSDT0.13820.0100pay 0.0100% / 8h30m 18s$1.4M$1.1M10x
ShortBloFin DYDX-USDT0.13840.0105get 0.0105% / 8h30m 18s$298K$14K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$0.97
Price spread: +0.145% → +0.002%
$14.32
Slippage, 4 orders
−$67.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.12
Costs to cover
0.914%
Break-even
557.6 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 42 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 Bitget live order book, 1 min ago3.61 bp27.4 bp −$2788.6 bp −$886doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago3.62 bp15.3 bp −$1557.2 bp −$572241.5 bp −$24.2Kdoesn'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−0.0067%1h0.1385+0.217%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13820.000%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1383+0.087%$315K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1382+0.022%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1385+0.217%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1382+0.021%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.13820.000%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1381−0.109%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1383+0.051%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1384+0.145%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1383+0.072%$384K$468K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.13820.000%$3.2M$911K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1384+0.145%$2.3M$4.0M50xas long as short
Bitget DYDXUSDTlong+0.0100%8h0.1382long leg$1.4M$1.1M10x
BingX DYDX-USDT+0.0100%8h0.1383+0.072%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1382−0.019%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1380−0.145%$50K3xas long as short
BloFin DYDX-USDTshort+0.0105%8h0.1384+0.145%$298K$14K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1382−0.013%$937100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1388+0.434%$16K$29K50xas long as short
dYdX DYDX-USD+0.2701%1h0.1384+0.153%$79K$2K5xas long as short