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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.6406%/8h= −701.5% APRnext payment $8.01 per $10,000 · paid last 24h −0.885%
Price spread now: GMX against dYdX−0.022%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 3 days (all we have)no 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 −$192 a day on $10k at the current rate, and GMX is 0.022% cheaper against dYdX than usual: you would sell low and buy high (−$2 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-USD0.13560.6932pay 0.0866% / 1h41m 13s$77K$2K5x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1356L +0.0187% / S −0.0526%get 0.0066% / 1h41m 13s$919100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$1,345.28
Price spread: −0.022% → 0.000%
−$2.2
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1,369.49
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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−0.0058%1h0.1357+0.086%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1357+0.109%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1358+0.197%$2.0M$719K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1356−0.014%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1356+0.041%$5.3M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1356+0.020%$4.7M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1357+0.057%$2.1M$3.0M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1359+0.234%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1356+0.013%$378K$427K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1356+0.013%$2.9M$780K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1357+0.086%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1357+0.086%$1.4M$895K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1356+0.013%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1356+0.044%$1K$404K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1358+0.143%$49K3xas long as short
BloFin DYDX-USDT+0.0117%8h0.1360+0.308%$293K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1356−0.022%$919100x
Deribit DYDX_USDC-PERPETUAL+0.0487%1h0.1357+0.086%25xas long as short
Kraken Futures PF_DYDXUSD+0.0847%1h0.1357+0.072%$307K$321K20xas long as short
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1363+0.529%$17K$27K50xas long as short
dYdX DYDX-USDlong+0.6932%1h0.1356long leg$77K$2K5x