Funding you earn now, next payment 09:00 UTC−1.0687%/8h= −1170.3% APRpaid last 24h −1.044%
Price spread now: OKX against dYdX+0.127%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.216%−$422 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.127% dearer against dYdX than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$321 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−4.216% in total) that is about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -4.216% in total (about -219.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DYDX-USD | 0.1364 | 1.0787 | pay 0.1348% / 1h | 11m 13s | $78K | $2K | 5x |
| Short | OKX DYDX-USDT-SWAP | 0.1366 | 0.0100 | get 0.0100% / 8h | 7h 11m | $2.1M | $2.9M | 20x |
dYdX DYDX-USD
OKX DYDX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against dYdX. 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
- −$2,244.37
- Price spread: +0.127% → 0.000%
- $12.7
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$2,251.67
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 6 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 dYdX no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 6 min ago | 1.84 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0089% | 8h | 0.1365 | +0.061% | $369K | $437K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1366 | +0.120% | $60K | $48K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0098% | 8h | 0.1360 | −0.298% | $289K | $32K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1367 | +0.215% | $2.0M | $714K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1365 | +0.039% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1365 | +0.068% | $5.3M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1365 | +0.039% | $4.8M | $2.7M | 75x | as long as short |
| OKX DYDX-USDT-SWAPshort | +0.0100% | 8h | 0.1366 | +0.127% | $2.1M | $2.9M | 20x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1365 | +0.068% | $2.9M | $761K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1366 | +0.142% | $2.3M | $3.3M | 50x | as long as short |
Gate DYDX_USDT
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1365 | +0.068% | $1.4M | $864K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1364 | −0.005% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1365 | +0.050% | $3K | $400K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1365 | +0.068% | $50K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0117% | 1h | 0.1368 | +0.288% | $52K | $21K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1363 | −0.079% | $924 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1346 | −1.325% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0483% | 1h | 0.1366 | +0.142% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1369 | +0.362% | $16K | $27K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1074% | 1h | 0.1366 | +0.151% | $307K | $300K | 20x | as long as short |
| dYdX DYDX-USDlong | +1.0787% | 1h | 0.1364 | long leg | $78K | $2K | 5x |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Arcus DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD