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+0.0426%/8h= +46.6% APRpaid last 24h +0.094%
Price spread now: GMX against Bitget−0.064%54s7-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 0.064% cheaper against Bitget than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$13 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DYDXUSDT0.13800.0100pay 0.0100% / 8h1h 50m$1.4M$1.2M10x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1379L +0.0187% / S −0.0526%get 0.0066% / 1h50m 29s$935100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$89.36
Price spread: −0.064% → 0.000%
−$6.38
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$58.98
Costs to cover
0.240%
Break-even
2.4 days
Slippage unknown: Bitget: live order book, 1 min ago; 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 Bitget live order book, 1 min ago7.25 bp27.2 bp −$2778.5 bp −$785doesn't fitdoesn't fit
Sell GMX no order-book sample
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−0.0316%1h0.1381+0.072%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1379−0.072%25xas long as short
BloFin DYDX-USDT+0.0079%8h0.1379−0.072%$299K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1380+0.007%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1383+0.188%$2.1M$734K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1379−0.041%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1380−0.022%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1378−0.116%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1381+0.036%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1382+0.145%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1379−0.072%$390K$470K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1379−0.072%$3.4M$853K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.13800.000%$2.3M$4.1M50xas long as short
Bitget DYDXUSDTlong+0.0100%8h0.1380long leg$1.4M$1.2M10x
BingX DYDX-USDT+0.0100%8h0.1379−0.072%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1379−0.045%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1379−0.104%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1379−0.064%$935100x
Kraken Futures PF_DYDXUSD+0.0573%1h0.1380+0.009%$321K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1384+0.290%$16K$29K50xas long as short
dYdX DYDX-USD+0.3308%1h0.1380+0.013%$78K$2K5xas long as short