Funding you earn now, next payment 21:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.238%
Price spread now: Bitget against Coinbase International−0.646%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 −$26 a day on $10k at the current rate, and Bitget is 0.646% cheaper against Coinbase International than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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 | Coinbase International DYDX-PERP-INTX | 0.1394 | 0.0968 | pay 0.0121% / 1h | 15m 29s | $17K | $29K | 50x |
| Short | Bitget DYDXUSDT | 0.1385 | 0.0100 | get 0.0100% / 8h | 2h 15m | $1.4M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$182.28
- Price spread: −0.646% → 0.000%
- −$64.56
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$268.84
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 1 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 7.22 bp | 25.5 bp −$25 | 79.4 bp −$794 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0395% | 1h | 0.1389 | −0.359% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1385 | −0.646% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | −0.603% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1389 | −0.373% | $2.1M | $733K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.674% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.616% | $5.3M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.717% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1386 | −0.538% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1387 | −0.502% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.667% | $392K | $490K | 75x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.646% | $3.4M | $840K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1386 | −0.574% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDTshort | +0.0100% | 8h | 0.1385 | −0.646% | $1.4M | $1.2M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1385 | −0.646% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1385 | −0.659% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1385 | −0.646% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0105% | 8h | 0.1388 | −0.430% | $302K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1385 | −0.626% | $940 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1387 | −0.484% | $322K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0968% | 1h | 0.1394 | long leg | $17K | $29K | 50x | |
| dYdX DYDX-USD | +0.2798% | 1h | 0.1385 | −0.630% | $79K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
Bitget DYDXUSDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD