Funding you earn now, next payment 04:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.137%
Price spread now: Kraken Futures against Coinbase International−0.233%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 −$6 a day on $10k at the current rate, and Kraken Futures is 0.233% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 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 | 0.1385 | 0.0840 | pay 0.0105% / 1h | 54m 49s | $17K | $37K | 50x |
| Short | Kraken Futures PF_DYDXUSD | 0.1382 | 0.0651 | get 0.0081% / 1h | 54m 49s | $309K | $353K | 20x |
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$39.63
- Price spread: −0.233% → 0.000%
- −$23.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$82.89
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 63 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 Kraken Futures live order book, 63 min ago | 10.23 bp | 23.7 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0091% | 8h | 0.1380 | −0.361% | $299K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1380 | −0.368% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1383 | −0.166% | $2.1M | $723K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.361% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.312% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.484% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | −0.325% | $2.2M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1378 | −0.491% | $395K | $448K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.433% | $3.0M | $798K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1380 | −0.361% | $2.4M | $3.7M | 50x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.289% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1379 | −0.433% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1381 | −0.317% | $5K | $115K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.361% | $50K | — | 3x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1380 | −0.361% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1379 | −0.420% | $935 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1382 | −0.217% | $54K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0475% | 1h | 0.1380 | −0.361% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0651% | 1h | 0.1382 | −0.233% | $309K | $353K | 20x | |
| Coinbase International DYDX-PERP-INTXlong | +0.0840% | 1h | 0.1385 | long leg | $17K | $37K | 50x | |
| dYdX DYDX-USD | +0.2365% | 1h | 0.1379 | −0.451% | $78K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
dYdX DYDX-USD