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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.005%
Price spread now: BloFin against Extended+0.155%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 3 days (all we have)−0.025%−$3 · spread now +0.155%, 7d avg +0.013%
Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.142% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DYDX-USD0.13800.0104pay 0.0013% / 1h36m 46s$3K$109K10x
ShortBloFin DYDX-USDT0.13820.0119get 0.0119% / 8h1h 36m$298K$14K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$3.12
Price spread: +0.155% → +0.013%
$14.21
Slippage, 4 orders
−$93.24
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$92.91
Costs to cover
1.102%
Break-even
215.3 days
Slippage from Extended: live order book, 43 min ago; BloFin: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 43 min ago7.93 bp35.9 bp −$36249.2 bp −$2,492doesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago3.61 bp9.6 bp −$1027.5 bp −$275207.0 bp −$20.7Kdoesn't fit

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−0.0316%1h0.1384+0.300%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1380+0.010%25xas long as short
Lighter DYDX+0.0096%1h0.1381+0.068%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1382+0.170%$2.1M$739K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1381+0.098%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1380+0.023%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1379−0.055%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1381+0.083%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1383+0.228%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1381+0.068%$391K$471K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1380+0.010%$3.4M$860K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1382+0.155%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1381+0.083%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1381+0.083%$7.4Mas long as short
Extended DYDX-USDlong+0.0104%1h0.1380long leg$3K$109K10x
Aevo DYDX-PERP+0.0104%1h0.1380+0.010%$50K3xas long as short
BloFin DYDX-USDTshort+0.0119%8h0.1382+0.155%$298K$14K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1380+0.026%$936100xas long as short
Kraken Futures PF_DYDXUSD+0.0573%1h0.1381+0.106%$320K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1384+0.300%$16K$29K50xas long as short
dYdX DYDX-USD+0.2941%1h0.1381+0.108%$79K$2K5xas long as short