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: Binance against Coinbase International−0.288%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 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 against this trade now: funding costs −$21 a day on $10k at the current rate, and Binance is 0.288% cheaper against Coinbase International than usual: you would sell low and buy high (−$29 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-INTX0.13880.0784pay 0.0098% / 1h31m 32s$16K$29K50x
ShortBinance DYDXUSDT0.13840.0100get 0.0100% / 8h31m 32s$5.2M$8.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$143.64
Price spread: −0.288% → 0.000%
−$28.82
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$192.46
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 8 min ago. 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 Binance live order book, 8 min ago3.61 bp21.1 bp −$2173.0 bp −$730532.7 bp −$53.3Kdoesn't fit
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%1h0.1385−0.216%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1384−0.288%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1384−0.262%$316K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1384−0.288%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1386−0.115%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.221%$6K$12K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1384−0.288%$5.2M$8.4M75x
Bybit DYDXUSDT+0.0100%8h0.1382−0.439%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1384−0.288%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1385−0.216%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1383−0.331%$384K$468K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1383−0.360%$3.2M$911K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1385−0.216%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1384−0.288%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1384−0.288%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1384−0.307%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1380−0.565%$50K3xas long as short
BloFin DYDX-USDT+0.0122%8h0.1384−0.288%$299K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1384−0.296%$939100xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0784%1h0.1388long leg$16K$29K50x
dYdX DYDX-USD+0.2714%1h0.1384−0.280%$79K$2K5xas long as short