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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin0.000%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1251.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now 0.000%, 7d avg −0.043%
Together, before fees−0.075%−$7 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: Bybit is 0.043% dearer against BloFin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13860.0098pay 0.0098% / 8h7h 16m$296K$11K75x
ShortBybit DYDXUSDT0.13860.0100get 0.0100% / 8h7h 16m$4.6M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0.45
Price spread: 0.000% → −0.043%
$4.29
Slippage, 4 orders
−$102.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$120.63
Costs to cover
1.254%
Break-even
1902.4 days
Slippage from BloFin: live order book, 50 min ago; Bybit: live order book, 1 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, 50 min ago3.61 bp16.2 bp −$1643.5 bp −$435314.8 bp −$31.5Kdoesn't fit
Sell Bybit live order book, 1 min ago3.97 bp41.1 bp −$41232.5 bp −$2,325doesn'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%1h0.13860.000%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1384−0.144%25xas long as short
Kraken Futures PF_DYDXUSD+0.0096%1h0.1385−0.045%$312K$333K20xas long as short
Lighter DYDX+0.0096%1h0.1387+0.094%$62K$48K5xas long as short
BloFin DYDX-USDTlong+0.0098%8h0.1386long leg$296K$11K75x
Hyperliquid DYDX+0.0100%1h0.1389+0.216%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1387+0.072%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1388+0.121%$5.3M$8.3M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.13860.000%$4.6M$2.3M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1388+0.159%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1389+0.216%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1386+0.036%$386K$460K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1387+0.072%$3.1M$917K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1388+0.144%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1387+0.072%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1387+0.072%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1387+0.042%$3K$113K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1384−0.116%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1384−0.118%$939100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394+0.577%$18K$31K50xas long as short
dYdX DYDX-USD+0.2494%1h0.1387+0.050%$79K$2K5xas long as short