Funding you earn now, next payment 02:00 UTC−0.0740%/8h= −81.0% APRpaid last 24h −0.241%
Price spread now: Bybit against Coinbase International−0.468%7-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 −$22 a day on $10k at the current rate, and Bybit is 0.468% cheaper against Coinbase International than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1390 | 0.0840 | pay 0.0105% / 1h | 17m 40s | $17K | $37K | 50x |
| Short | Bybit DYDXUSDT | 0.1384 | 0.0100 | get 0.0100% / 8h | 5h 17m | $4.7M | $2.5M | 75x |
Coinbase International DYDX-PERP-INTX
Bybit DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$155.4
- Price spread: −0.468% → 0.000%
- −$46.76
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.16
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.44 bp | 34.7 bp −$35 | 244.8 bp −$2,448 | 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 | −0.0118% | 1h | 0.1384 | −0.432% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | −0.266% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1389 | −0.079% | $2.1M | $718K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.317% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.280% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1384 | −0.468% | $4.7M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1386 | −0.309% | $2.2M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | −0.144% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.360% | $395K | $471K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.288% | $3.1M | $811K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1387 | −0.216% | $2.4M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.288% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1385 | −0.360% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | −0.308% | $2K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1388 | −0.151% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0109% | 8h | 0.1386 | −0.288% | $300K | $12K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1385 | −0.349% | $939 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0472% | 1h | 0.1386 | −0.288% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0740% | 1h | 0.1386 | −0.264% | $314K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0840% | 1h | 0.1390 | long leg | $17K | $37K | 50x | |
| dYdX DYDX-USD | +0.2972% | 1h | 0.1385 | −0.372% | $79K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD