Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.455%

Price spread now: Injective against BloFin+0.144%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.588%−$59 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.144% dearer against BloFin than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin DYDX-USDT	0.1386	0.0107	pay 0.0107% / 8h	54m 40s	$298K	$14K	75x
Short	Injective DYDX/USDC PERP	0.1388	−0.0067	pay 0.0008% / 1h	54m 40s	$6K	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee InjectivebpOrdersPrice spread, now +0.144%Rate

Funding earned: −$36.61
Price spread: +0.144% → 0.000%: $14.43
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$34.2
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 17 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 17 min ago	3.62 bp	23.2 bp −$23	50.1 bp −$501	299.6 bp −$30.0K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DYDX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DYDX/USDC PERPshort	−0.0067%	1h	0.1388	+0.144%	$6K	$51K	12x
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1389	+0.216%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSD	+0.0079%	1h	0.1390	+0.297%	$317K	$328K	20x	as long as short
Lighter DYDX	+0.0096%	1h	0.1391	+0.325%	$62K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1393	+0.483%	$2.1M	$736K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1389	+0.194%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1389	+0.240%	$5.3M	$8.4M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1389	+0.195%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1391	+0.346%	$2.2M	$3.4M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1391	+0.361%	$53K	$19K	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DYDX_USDT	+0.0100%	8h	0.1389	+0.245%	$387K	$467K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1389	+0.216%	$3.4M	$860K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1391	+0.361%	$2.3M	$4.0M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1390	+0.289%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1389	+0.216%	—	$5.8M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1389	+0.218%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1390	+0.289%	$50K	—	3x	as long as short
BloFin DYDX-USDTlong	+0.0107%	8h	0.1386	long leg	$298K	$14K	75x
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1389	+0.213%	$942	—	100x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0784%	1h	0.1384	−0.144%	$16K	$29K	50x	as long as short
dYdX DYDX-USD	+0.2763%	1h	0.1390	+0.275%	$79K	$2K	5x	as long as short