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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.2209%/8h= −241.9% APRpaid last 24h −0.877%
Price spread now: KuCoin against dYdX+0.117%47s7-day average · you sell dearer than you buy
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−3.888%−$389 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.117% dearer against dYdX than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$66 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYDX-USD0.13840.2309pay 0.0289% / 1h36m 57s$79K$2K5x
ShortKuCoin DYDXUSDTM0.13860.0100get 0.0100% / 8h7h 36m$2.3M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$463.94
Price spread: +0.117% → 0.000%
$11.71
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$474.22
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago3.61 bp31.4 bp −$31160.2 bp −$1,602doesn'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−0.0214%1h0.1384−0.027%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1384−0.027%25xas long as short
BloFin DYDX-USDT+0.0080%8h0.1386+0.117%$298K$12K75xas long as short
Kraken Futures PF_DYDXUSD+0.0096%1h0.1386+0.103%$311K$332K20xas long as short
Lighter DYDX+0.0096%1h0.1385+0.045%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1386+0.146%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385+0.039%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1384+0.009%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1383−0.092%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1385+0.016%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1387+0.189%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1384−0.042%$385K$458K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1384−0.027%$3.1M$916K125xas long as short
KuCoin DYDXUSDTMshort+0.0100%8h0.1386+0.117%$2.3M$3.9M50x
Bitget DYDXUSDT+0.0100%8h0.1385+0.045%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1385+0.045%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1385+0.021%$3K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1384−0.010%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1384−0.009%$939100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1390+0.406%$16K$30K50xas long as short
dYdX DYDX-USDlong+0.2309%1h0.1384long leg$79K$2K5x