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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
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
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 −$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13940.0968pay 0.0121% / 1h15m 29s$17K$29K50x
ShortBitget DYDXUSDT0.13850.0100get 0.0100% / 8h2h 15m$1.4M$1.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Bitget live order book, 1 min ago7.22 bp25.5 bp −$2579.4 bp −$794doesn't fitdoesn'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−0.0395%1h0.1389−0.359%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1385−0.646%25xas long as short
Lighter DYDX+0.0096%1h0.1386−0.603%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1389−0.373%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.674%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1385−0.616%$5.3M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384−0.717%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.538%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1387−0.502%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1385−0.667%$392K$490K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1385−0.646%$3.4M$840K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1386−0.574%$2.3M$4.1M50xas long as short
Bitget DYDXUSDTshort+0.0100%8h0.1385−0.646%$1.4M$1.2M10x
BingX DYDX-USDT+0.0100%8h0.1385−0.646%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1385−0.659%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1385−0.646%$50K3xas long as short
BloFin DYDX-USDT+0.0105%8h0.1388−0.430%$302K$16K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1385−0.626%$940100xas long as short
Kraken Futures PF_DYDXUSD+0.0350%1h0.1387−0.484%$322K$324K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0968%1h0.1394long leg$17K$29K50x
dYdX DYDX-USD+0.2798%1h0.1385−0.630%$79K$2K5xas long as short