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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin−0.147%110s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.147%, 7d avg +0.052%
Together, before fees−0.117%−$12 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: KuCoin is 0.200% cheaper against BloFin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13560.0095pay 0.0095% / 8h6h 19m$291K$32K75x
ShortKuCoin DYDXUSDTM0.13540.0100get 0.0100% / 8h6h 19m$2.3M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$1.15
Price spread: −0.147% → +0.052%
−$20
Slippage, 4 orders
−$125.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$168.23
Costs to cover
1.494%
Break-even
1030.6 days
Slippage from BloFin: live order book, 27 min ago; KuCoin: live order book, 6 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, 27 min ago11.11 bp22.1 bp −$2244.5 bp −$445319.3 bp −$31.9Kdoesn't fit
Sell KuCoin live order book, 6 min ago3.69 bp62.9 bp −$63380.0 bp −$3,800doesn't fitdoesn't fit

DYDX on 21 exchanges

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−0.0100%1h0.1369+0.959%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1353−0.221%25xas long as short
BloFin DYDX-USDTlong+0.0095%8h0.1356long leg$291K$32K75x
Lighter DYDX+0.0096%1h0.1354−0.140%$60K$43K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1355−0.044%$2.0M$704K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1354−0.129%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353−0.221%$5.2M$7.7M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1352−0.273%$4.7M$2.7M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353−0.206%$2.1M$2.7M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1354−0.147%$51K$21K5xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1353−0.199%$361K$432K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1353−0.221%$2.8M$743K125xas long as short
KuCoin DYDXUSDTMshort+0.0100%8h0.1354−0.147%$2.3M$3.3M50x
Bitget DYDXUSDT+0.0100%8h0.1354−0.147%$1.3M$787K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1353−0.221%$3.8Mas long as short
Extended DYDX-USD+0.0104%1h0.1353−0.252%$1K$399K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.390%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.249%$917100xas long as short
Kraken Futures PF_DYDXUSD+0.0973%1h0.1354−0.157%$307K$298K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0976%1h0.1360+0.295%$16K$25K50xas long as short
dYdX DYDX-USD+1.0312%1h0.1354−0.175%$77K$2K5xas long as short