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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0684%/8h= +74.9% APRpaid last 24h +0.242%
Price spread now: Coinbase International against Bybit+0.558%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Coinbase International is 0.558% dearer against Bybit than usual: you sell high and buy low: +$56 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13800.0100pay 0.0100% / 8h27m 17s$4.6M$2.3M75x
ShortCoinbase International DYDX-PERP-INTX0.13880.0784get 0.0098% / 1h27m 17s$16K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bybit. 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
$143.64
Price spread: +0.558% → 0.000%
$55.78
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$178.42
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: live order book, just now; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now1.45 bp37.1 bp −$37203.9 bp −$2,039doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0067%1h0.1385+0.341%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1382+0.123%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1383+0.168%$315K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1383+0.159%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1385+0.341%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1383+0.197%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1382+0.134%$5.2M$8.4M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1380long leg$4.6M$2.3M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1383+0.159%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1385+0.341%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1382+0.123%$384K$468K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1382+0.123%$3.2M$915K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1383+0.196%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1383+0.196%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1382+0.123%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1382+0.104%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1380−0.022%$50K3xas long as short
BloFin DYDX-USDT+0.0122%8h0.1383+0.196%$298K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1382+0.138%$937100xas long as short
Coinbase International DYDX-PERP-INTXshort+0.0784%1h0.1388+0.558%$16K$29K50x
dYdX DYDX-USD+0.2703%1h0.1382+0.111%$79K$2K5xas long as short