Funding you earn now, next payment 23:00 UTC−0.0416%/8h= −45.6% APRpaid last 24h −0.459%
Price spread now: Injective against Bybit−0.203%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.637%−$64 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Injective is 0.203% cheaper against Bybit than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DYDXUSDT | 0.1381 | 0.0100 | pay 0.0100% / 8h | 1h 12m | $4.6M | $2.3M | 75x |
| Short | Injective DYDX/USDC PERP | 0.1378 | −0.0316 | pay 0.0040% / 1h | 12m 30s | $6K | $51K | 12x |
Bybit DYDXUSDT
Injective DYDX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$87.46
- Price spread: −0.203% → 0.000%
- −$20.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$118.76
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 3.27 bp | 38.6 bp −$39 | 220.6 bp −$2,206 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERPshort | −0.0316% | 1h | 0.1378 | −0.203% | $6K | $51K | 12x | |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1380 | −0.058% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1382 | +0.116% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1384 | +0.268% | $2.1M | $738K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1382 | +0.064% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1382 | +0.087% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1381 | long leg | $4.6M | $2.3M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | +0.159% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1384 | +0.232% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1381 | +0.007% | $392K | $473K | 75x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1381 | +0.014% | $3.4M | $870K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1382 | +0.087% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1382 | +0.087% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | +0.014% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1381 | +0.040% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1381 | −0.022% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0109% | 8h | 0.1381 | +0.014% | $298K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1382 | +0.085% | $937 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0573% | 1h | 0.1381 | +0.036% | $315K | $326K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1383 | +0.159% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2657% | 1h | 0.1381 | +0.038% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD