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+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.084%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.160%−$16 · spread now +0.084%, 7d avg +0.021%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.064% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13850.0072pay 0.0072% / 8h4m 56s$296K$14K75x
ShortBinance DYDXUSDT0.13860.0100get 0.0100% / 8h4m 56s$5.2M$8.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$5.94
Price spread: +0.084% → +0.021%
$6.39
Slippage, 4 orders
−$59.82
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$69.48
Costs to cover
0.818%
Break-even
88.8 days
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 4 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 BloFin live order book, 2 min ago3.61 bp16.2 bp −$1643.5 bp −$435314.8 bp −$31.5Kdoesn't fit
Sell Binance live order book, 4 min ago3.61 bp17.0 bp −$1771.2 bp −$712578.7 bp −$57.9Kdoesn'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%1h0.1380−0.361%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1384−0.072%25xas long as short
BloFin DYDX-USDTlong+0.0072%8h0.1385long leg$296K$14K75x
Kraken Futures PF_DYDXUSD+0.0079%1h0.1385−0.018%$311K$332K20xas long as short
Lighter DYDX+0.0096%1h0.1385−0.022%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1388+0.202%$2.1M$736K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1387+0.157%$6K$12K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1386+0.084%$5.2M$8.3M75x
Bybit DYDXUSDT+0.0100%8h0.1385+0.022%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1387+0.123%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1387+0.144%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.13850.000%$385K$471K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1386+0.072%$3.1M$954K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.144%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386+0.072%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386+0.072%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1386+0.059%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1385−0.011%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1384−0.051%$939100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1386+0.072%$16K$29K50xas long as short
dYdX DYDX-USD+0.2902%1h0.1383−0.131%$79K$2K5xas long as short