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+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin+0.074%64s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.074%, 7d avg +0.003%
Together, before fees−0.153%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.071% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13450.0081pay 0.0081% / 8h7h 54m$292K$30K75x
ShortMEXC DYDX_USDT0.13460.0100get 0.0100% / 8h7h 54m$2.8M$747K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.074% → +0.003%
$7.11
Slippage, 4 orders
−$50.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$55.27
Costs to cover
0.663%
Break-even
106.4 days
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago7.41 bp13.4 bp −$1339.0 bp −$390306.3 bp −$30.6Kdoesn't fit
Sell MEXC live order book, 3 min ago3.71 bp7.0 bp −$733.1 bp −$331143.2 bp −$14.3K290.9 bp −$145.4K

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
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1347+0.149%25xas long as short
BloFin DYDX-USDTlong+0.0081%8h0.1345long leg$292K$30K75x
Lighter DYDX+0.0096%1h0.1348+0.216%$60K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1349+0.283%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1347+0.145%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1348+0.186%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1346+0.074%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1348+0.245%$2.1M$2.9M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1346+0.082%$368K$427K75xas long as short
MEXC DYDX_USDTshort+0.0100%8h0.1346+0.074%$2.8M$747K125x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1348+0.223%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1347+0.149%$1.4M$877K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1347+0.149%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1347+0.158%$4K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1349+0.270%$49K3xas long as short
Arcus DYDX-USD+0.0117%1h0.1349+0.297%$51K$21K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1347+0.139%$914100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1344−0.074%$6K$48K12xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1351+0.446%$17K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1088%1h0.1348+0.251%$303K$303K20xas long as short
dYdX DYDX-USD+0.6367%1h0.1346+0.057%$77K$2K5xas long as short