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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.022%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1731.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.022%, 7d avg +0.043%
Together, before fees−0.299%−$30 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: Gate is 0.021% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13800.0100pay 0.0100% / 8h1h 55m$4.6M$2.4M75x
ShortGate DYDX_USDT0.13810.0100get 0.0100% / 8h1h 55m$390K$470K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.022% → +0.043%
−$2.08
Slippage, 4 orders
−$147.48
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$175.56
Costs to cover
1.735%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 25 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 Bybit live order book, 2 min ago2.18 bp40.7 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 25 min ago8.29 bp44.0 bp −$44362.6 bp −$3,626doesn'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−0.0316%1h0.1380−0.022%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1382+0.123%25xas long as short
Lighter DYDX+0.0096%1h0.1383+0.167%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1385+0.341%$2.1M$735K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1381+0.078%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1382+0.102%$5.2M$8.5M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1380long leg$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1383+0.217%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1383+0.196%$53K$19K5xas long as short
Gate DYDX_USDTshort+0.0100%8h0.1381+0.022%$390K$470K75x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1381+0.051%$3.4M$834K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1382+0.123%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1382+0.123%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1381+0.051%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1381+0.084%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1382+0.103%$50K3xas long as short
BloFin DYDX-USDT+0.0115%8h0.1382+0.123%$301K$15K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1382+0.120%$937100xas long as short
Kraken Futures PF_DYDXUSD+0.0572%1h0.1383+0.184%$321K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1379−0.094%$16K$29K50xas long as short
dYdX DYDX-USD+0.3213%1h0.1381+0.042%$79K$2K5xas long as short