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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.2431%/8h= −266.2% APRpaid last 24h −0.905%
Price spread now: Bybit against dYdX−0.120%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 days−3.609%−$361 on $10k
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 −$73 a day on $10k at the current rate, and Bybit is 0.120% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYDX-USD0.13880.2531pay 0.0316% / 1h36m 51s$79K$2K5x
ShortBybit DYDXUSDT0.13860.0100get 0.0100% / 8h2h 36m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against dYdX. 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
−$510.47
Price spread: −0.120% → 0.000%
−$11.95
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$543.43
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 min ago. 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 dYdX no order-book sample
Sell Bybit live order book, 1 min ago1.80 bp52.2 bp −$52227.3 bp −$2,273doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0395%1h0.1385−0.184%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1387−0.040%25xas long as short
BloFin DYDX-USDT+0.0084%8h0.1385−0.184%$301K$16K75xas long as short
Lighter DYDX+0.0096%1h0.1388+0.003%$63K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1390+0.147%$2.1M$722K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1387−0.011%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1387−0.011%$5.2M$8.6M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1386−0.120%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1388+0.017%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1389+0.104%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1386−0.112%$393K$484K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1387−0.040%$3.4M$815K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1388+0.032%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1387−0.040%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1387−0.040%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1387−0.023%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390+0.176%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1387−0.031%$941100xas long as short
Kraken Futures PF_DYDXUSD+0.0350%1h0.1389+0.082%$325K$323K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1390+0.176%$17K$31K50xas long as short
dYdX DYDX-USDlong+0.2531%1h0.1388long leg$79K$2K5x