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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against Bitget+0.211%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.314%−$31 · spread now +0.211%, 7d avg +0.061%
Together, before fees−0.311%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 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: Hyperliquid is 0.150% dearer against Bitget than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DYDXUSDT0.13770.0100pay 0.0100% / 8h1h 57m$1.4M$1.2M10x
ShortHyperliquid DYDX0.13800.0100get 0.0013% / 1h57m 34s$2.1M$735K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
Price spread: +0.211% → +0.061%
$14.99
Slippage, 4 orders
−$79.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$85.32
Costs to cover
1.003%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 3 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, 4 min ago7.27 bp37.9 bp −$3894.1 bp −$941doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.45 bp23.1 bp −$23doesn't fitdoesn'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%1h0.1396+1.380%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13770.000%25xas long as short
Lighter DYDX+0.0096%1h0.1377+0.029%$62K$47K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1380+0.211%$2.1M$735K5x
Aster DYDXUSDT+0.0100%8h0.1376−0.051%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1377−0.033%$5.2M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1376−0.094%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1378+0.036%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378+0.073%$52K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1377−0.022%$389K$470K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1376−0.073%$3.4M$834K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1378+0.073%$2.3M$4.1M50xas long as short
Bitget DYDXUSDTlong+0.0100%8h0.1377long leg$1.4M$1.2M10x
BingX DYDX-USDT+0.0100%8h0.13770.000%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1376−0.047%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1377−0.004%$50K3xas long as short
BloFin DYDX-USDT+0.0117%8h0.1374−0.218%$301K$15K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1377−0.022%$934100xas long as short
Kraken Futures PF_DYDXUSD+0.0574%1h0.1379+0.162%$320K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1379+0.145%$16K$29K50xas long as short
dYdX DYDX-USD+0.3116%1h0.1377−0.023%$78K$2K5xas long as short