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: OKX against Bybit+0.173%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1501.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 7 days−0.107%−$11 · spread now +0.173%, 7d avg +0.085%
Together, before fees−0.191%−$19 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: OKX is 0.088% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13840.0100pay 0.0100% / 8h2h 30m$4.6M$2.4M75x
ShortOKX DYDX-USDT-SWAP0.13870.0100get 0.0100% / 8h2h 30m$2.2M$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.173% → +0.085%
$8.82
Slippage, 4 orders
−$129.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$141.33
Costs to cover
1.502%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 ago1.44 bp48.7 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.36 bp23.7 bp −$24doesn't fitdoesn'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−0.0395%1h0.1385+0.043%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1385+0.043%25xas long as short
BloFin DYDX-USDT+0.0092%8h0.1387+0.188%$302K$16K75xas long as short
Lighter DYDX+0.0096%1h0.1386+0.130%$63K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1389+0.303%$2.1M$724K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385+0.061%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386+0.097%$5.2M$8.5M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1384long leg$4.6M$2.4M75x
OKX DYDX-USDT-SWAPshort+0.0100%8h0.1387+0.173%$2.2M$3.5M20x
Arcus DYDX-USD+0.0100%1h0.1388+0.260%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1386+0.116%$392K$490K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1385+0.043%$3.4M$815K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.188%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386+0.116%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386+0.116%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1386+0.084%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1387+0.180%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386+0.090%$940100xas long as short
Kraken Futures PF_DYDXUSD+0.0350%1h0.1388+0.283%$322K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1390+0.405%$17K$29K50xas long as short
dYdX DYDX-USD+0.2538%1h0.1385+0.074%$79K$2K5xas long as short