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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.2624%/8h= −287.3% APRpaid last 24h −0.901%
Price spread now: MEXC against dYdX+0.405%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−3.803%−$380 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. MEXC is 0.405% dearer against dYdX than usual: you sell high and buy low (spread +0.405% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$79 a day in funding at the current rate, which eats that in about 12 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-USD0.13710.2724pay 0.0340% / 1h34m 48s$78K$2K5x
ShortMEXC DYDX_USDT0.13770.0100get 0.0100% / 8h5h 34m$3.1M$810K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$551.01
Price spread: +0.405% → 0.000%
$40.55
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$524.47
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago3.65 bp14.4 bp −$1441.6 bp −$416158.6 bp −$15.9K416.0 bp −$208.0K
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−0.0118%1h0.1374+0.187%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1378+0.508%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1378+0.471%$2.1M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1378+0.481%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1377+0.373%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1375+0.245%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1375+0.245%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378+0.478%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1376+0.333%$389K$460K75xas long as short
MEXC DYDX_USDTshort+0.0100%8h0.1377+0.405%$3.1M$810K125x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1377+0.405%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1376+0.333%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1378+0.478%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1377+0.397%$4K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1378+0.447%$50K3xas long as short
BloFin DYDX-USDT+0.0130%8h0.1375+0.260%$299K$12K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1377+0.372%$933100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0476%1h0.1378+0.478%25xas long as short
Kraken Futures PF_DYDXUSD+0.0744%1h0.1379+0.569%$312K$351K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1378+0.478%$17K$37K50xas long as short
dYdX DYDX-USDlong+0.2724%1h0.1371long leg$78K$2K5x