Funding you earn now, next payment 02:00 UTC−0.0377%/8h= −41.3% APRpaid last 24h —
Price spread now: Gate against Deribit−0.254%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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 −$11 a day on $10k at the current rate, and Gate is 0.254% cheaper against Deribit than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1377 | 0.0477 | pay 0.0060% / 1h | 31m 27s | — | — | 25x |
| Short | Gate DYDX_USDT | 0.1373 | 0.0100 | get 0.0100% / 8h | 6h 31m | $390K | $459K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Deribit. 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
- −$79.12
- Price spread: −0.254% → 0.000%
- −$25.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$126.53
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 34 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 34 min ago | 4.33 bp | 36.9 bp −$37 | 351.5 bp −$3,515 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0133% | 1h | 0.1374 | −0.218% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1374 | −0.218% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1375 | −0.167% | $2.1M | $738K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1376 | −0.066% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.232% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.407% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1373 | −0.312% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1376 | −0.073% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDTshort | +0.0100% | 8h | 0.1373 | −0.254% | $390K | $459K | 75x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1374 | −0.218% | $3.0M | $828K | 125x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1375 | −0.145% | $2.3M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.218% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1375 | −0.145% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1374 | −0.197% | $4K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1376 | −0.052% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1376 | −0.060% | $933 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0477% | 1h | 0.1377 | long leg | — | — | 25x | |
| Kraken Futures PF_DYDXUSD | +0.0509% | 1h | 0.1377 | −0.006% | $313K | $351K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0704% | 1h | 0.1378 | +0.073% | $17K | $38K | 50x | as long as short |
| dYdX DYDX-USD | +0.2635% | 1h | 0.1374 | −0.233% | $78K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Gate DYDX_USDT
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX