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+0.0726%/8h= +79.5% APRpaid last 24h +0.141%
Price spread now: Kraken Futures against BloFin−0.211%7-day average +0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.546%+$55 on $10k
Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.211%, 7d avg +0.149%
Together, before fees+0.937%+$94 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.361% cheaper against BloFin than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of +0.149%). If the spread goes back, that is −$36 on $10k: about 40 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.546% in total) that is about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13570.0123pay 0.0123% / 8h39m 07s$291K$30K75x
ShortKraken Futures PF_DYDXUSD0.13540.0849get 0.0106% / 1h39m 07s$306K$321K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$152.47
Price spread: −0.211% → +0.149%
−$36.06
Slippage, 4 orders
−$140.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$46.35
Costs to cover
1.628%
Break-even
9.1 days
Slippage from BloFin: live order book, 23 min ago; Kraken Futures: live order book, 64 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, 23 min ago11.07 bp20.5 bp −$2149.7 bp −$497370.1 bp −$37.0Kdoesn't fit
Sell Kraken Futures live order book, 64 min ago12.21 bp45.6 bp −$46doesn'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−0.0058%1h0.1353−0.295%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1354−0.221%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1355−0.155%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1354−0.244%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353−0.260%$5.2M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1353−0.310%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1354−0.228%$2.1M$3.0M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1354−0.221%$52K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1353−0.332%$377K$427K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1353−0.295%$2.9M$781K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1354−0.221%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1354−0.221%$1.4M$895K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1353−0.295%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1353−0.296%$1K$404K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1353−0.278%$49K3xas long as short
BloFin DYDX-USDTlong+0.0123%8h0.1357long leg$291K$30K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.297%$918100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0489%1h0.1354−0.221%25xas long as short
Kraken Futures PF_DYDXUSDshort+0.0849%1h0.1354−0.211%$306K$321K20x
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1363+0.442%$17K$27K50xas long as short
dYdX DYDX-USD+0.7129%1h0.1352−0.396%$77K$2K5xas long as short