Funding you earn now, next payment 21:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.238%
Price spread now: MEXC against Coinbase International−0.360%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 −$26 a day on $10k at the current rate, and MEXC is 0.360% cheaper against Coinbase International than usual: you would sell low and buy high (−$36 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 | 0.0968 | pay 0.0121% / 1h | 31m 42s | $17K | $29K | 50x |
| Short | MEXC DYDX_USDT | 0.1385 | 0.0100 | get 0.0100% / 8h | 2h 31m | $3.4M | $815K | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.360% → 0.000%
- −$35.97
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$232.25
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago | 7.21 bp | 15.6 bp −$16 | 47.2 bp −$472 | 162.5 bp −$16.3K | 371.7 bp −$185.9K |
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 | 0.1385 | −0.360% | $6K | $51K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | −0.288% | $63K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1388 | −0.165% | $2.1M | $724K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.332% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.311% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.417% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1387 | −0.216% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1387 | −0.216% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.288% | $392K | $490K | 75x | as long as short |
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1385 | −0.360% | $3.4M | $815K | 125x |
Show 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% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.360% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1386 | −0.288% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1385 | −0.334% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1387 | −0.209% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0129% | 8h | 0.1388 | −0.144% | $302K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1386 | −0.321% | $940 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1388 | −0.139% | $322K | $324K | 20x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0472% | 1h | 0.1387 | −0.216% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0968% | 1h | 0.1390 | long leg | $17K | $29K | 50x | |
| dYdX DYDX-USD | +0.2523% | 1h | 0.1385 | −0.329% | $79K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
MEXC DYDX_USDT
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUAL