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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.082%
Price spread now: Kraken Futures against Bitget+0.082%48s7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.422%+$42 on $10k
Price spread, last 3 days (all we have)+0.192%+$19 · spread now +0.082%, 7d avg +0.155%
Together, before fees+0.614%+$61 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: Kraken Futures is 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.155%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DYDXUSDT0.13900.0100pay 0.0100% / 8h7h 15m$1.4M$1.1M10x
ShortKraken Futures PF_DYDXUSD0.13910.0095get 0.0012% / 1h15m 28s$313K$334K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$1.01
Price spread: +0.082% → +0.155%
−$7.28
Slippage, 4 orders
−$95.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$126.07
Costs to cover
1.178%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 57 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 ago3.60 bp30.2 bp −$30129.0 bp −$1,290doesn't fitdoesn't fit
Sell Kraken Futures live order book, 57 min ago6.15 bp28.7 bp −$29doesn'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−0.0214%1h0.1386−0.288%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1389−0.072%25xas long as short
Kraken Futures PF_DYDXUSDshort+0.0095%1h0.1391+0.082%$313K$334K20x
Lighter DYDX+0.0096%1h0.1390+0.007%$62K$48K5xas long as short
BloFin DYDX-USDT+0.0098%8h0.1386−0.288%$296K$11K75xas long as short
Hyperliquid DYDX+0.0100%1h0.1392+0.144%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1390−0.019%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1390−0.027%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1389−0.058%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1390+0.014%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1392+0.144%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1389−0.065%$386K$461K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1389−0.072%$3.1M$917K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1391+0.072%$2.4M$3.9M50xas long as short
Bitget DYDXUSDTlong+0.0100%8h0.1390long leg$1.4M$1.1M10x
BingX DYDX-USDT+0.0100%8h0.13900.000%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1389−0.041%$3K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.001%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1387−0.199%$941100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394+0.288%$18K$31K50xas long as short
dYdX DYDX-USD+0.2516%1h0.1388−0.142%$79K$2K5xas long as short