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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0227%/8h= −24.8% APRnext payment $0.28 per $10,000 · paid last 24h
Price spread now: Deribit against Coinbase International−0.218%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 7 daysno 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 −$7 a day on $10k at the current rate, and Deribit is 0.218% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 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-INTX0.13790.0704pay 0.0088% / 1h5m 37s$17K$38K50x
ShortDeribit DYDX_USDC-PERPETUAL0.13760.0477get 0.0060% / 1h5m 37s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$47.61
Price spread: −0.218% → 0.000%
−$21.75
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$86.37
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Deribit: 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 Deribit no order-book sample
Coinbase International and Deribit: 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 20 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−0.0133%1h0.1374−0.363%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1375−0.290%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1378−0.065%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1376−0.202%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1375−0.290%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1374−0.384%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1376−0.254%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1377−0.145%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375−0.312%$390K$464K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375−0.290%$3.1M$830K125xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1375−0.290%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1375−0.290%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1374−0.363%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1375−0.316%$1K$107K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375−0.290%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375−0.320%$932100xas long as short
Deribit DYDX_USDC-PERPETUALshort+0.0477%1h0.1376−0.218%25x
Kraken Futures PF_DYDXUSD+0.0509%1h0.1377−0.179%$312K$352K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0704%1h0.1379long leg$17K$38K50x
dYdX DYDX-USD+0.2517%1h0.1375−0.264%$78K$2K5xas long as short