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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h +0.001%
Price spread now: Extended against BloFin−0.211%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.211%, 7d avg −0.007%
Together, before fees+0.153%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.204% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13510.0123pay 0.0123% / 8h2h 21m$294K$15K75x
ShortExtended DYDX-USD0.13480.0104get 0.0013% / 1h21m 11s$3K$119K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.89
Price spread: −0.211% → −0.007%
−$20.45
Slippage, 4 orders
−$85.81
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$127.15
Costs to cover
1.028%
Break-even
never at this rate
Slippage from BloFin: live order book, 51 min ago; Extended: live order book, 24 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, 51 min ago7.30 bp23.1 bp −$2351.4 bp −$514364.4 bp −$36.4Kdoesn't fit
Sell Extended live order book, 24 min ago7.40 bp29.9 bp −$30245.7 bp −$2,457doesn'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−0.0066%1h0.1342−0.666%$6K$49K12xas long as short
Lighter DYDX+0.0096%1h0.1349−0.163%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1353+0.118%$2.1M$714K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1348−0.208%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1348−0.190%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1347−0.296%$4.5M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1350−0.044%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1349−0.148%$378K$471K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1348−0.222%$2.8M$791K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1350−0.074%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1350−0.074%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1349−0.148%$3.0Mas long as short
Extended DYDX-USDshort+0.0104%1h0.1348−0.211%$3K$119K10x
Aevo DYDX-PERP+0.0104%1h0.1348−0.232%$49K3xas long as short
BloFin DYDX-USDTlong+0.0123%8h0.1351long leg$294K$15K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1348−0.209%$915100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0492%1h0.1349−0.148%25xas long as short
Arcus DYDX-USD+0.0562%1h0.1353+0.148%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1354+0.222%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1035%1h0.1349−0.159%$309K$354K20xas long as short
dYdX DYDX-USD+0.5934%1h0.1349−0.114%$77K$2K5xas long as short