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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0740%/8h= −81.0% APRnext payment $0.93 per $10,000 · paid last 24h −0.241%
Price spread now: Arcus against Coinbase International−0.144%7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs −$22 a day on $10k at the current rate, and Arcus is 0.144% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13900.0840pay 0.0105% / 1h16m 28s$17K$37K50x
ShortArcus DYDX-USD0.13880.0100get 0.0013% / 1h16m 28s$54K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
−$155.4
Price spread: −0.144% → 0.000%
−$14.39
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$184.29
Costs to cover
0.145%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Arcus: 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 Coinbase International no order-book sample
Sell Arcus no order-book sample
Coinbase International and Arcus: 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−0.0118%1h0.1385−0.360%$6K$52K12xas long as short
BloFin DYDX-USDT+0.0077%8h0.1388−0.144%$300K$12K75xas long as short
Lighter DYDX+0.0096%1h0.1386−0.266%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1389−0.079%$2.1M$719K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.327%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1387−0.247%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384−0.453%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.259%$2.2M$3.3M20xas long as short
Arcus DYDX-USDshort+0.0100%1h0.1388−0.144%$54K$20K5x
Gate DYDX_USDT+0.0100%8h0.1385−0.360%$395K$471K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1386−0.288%$3.1M$811K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1386−0.288%$2.4M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386−0.288%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386−0.288%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1386−0.309%$2K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1386−0.322%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386−0.291%$940100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0472%1h0.1386−0.288%25xas long as short
Kraken Futures PF_DYDXUSD+0.0740%1h0.1387−0.242%$314K$352K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0840%1h0.1390long leg$17K$37K50x
dYdX DYDX-USD+0.2979%1h0.1385−0.372%$79K$2K5xas long as short