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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.160%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.160%, 7d avg −0.033%
Together, before fees+0.086%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.127% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DYDX-USD0.13860.0104pay 0.0013% / 1h17m 28s$2K$108K10x
ShortBybit DYDXUSDT0.13840.0100get 0.0100% / 8h5h 17m$4.7M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.84
Price spread: −0.160% → −0.033%
−$12.73
Slippage, 4 orders
−$124.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.69
Costs to cover
1.401%
Break-even
never at this rate
Slippage from Extended: live order book, 43 min ago; Bybit: live order book, just now.

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 ago6.91 bp31.0 bp −$31237.1 bp −$2,371doesn't fitdoesn't fit
Sell Bybit live order book, just now2.53 bp36.6 bp −$37231.8 bp −$2,318doesn't fitdoesn'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−0.0118%1h0.1384−0.124%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1386+0.042%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1389+0.223%$2.1M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1386−0.012%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386+0.028%$5.3M$8.3M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1384−0.160%$4.7M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.001%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1388+0.165%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1385−0.052%$395K$471K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1386+0.020%$3.1M$811K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.093%$2.4M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386+0.020%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386+0.020%$3.0Mas long as short
Extended DYDX-USDlong+0.0104%1h0.1386long leg$2K$108K10x
Aevo DYDX-PERP+0.0104%1h0.1388+0.158%$50K3xas long as short
BloFin DYDX-USDT+0.0109%8h0.1386+0.020%$300K$12K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1385−0.041%$939100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0472%1h0.1386+0.020%25xas long as short
Kraken Futures PF_DYDXUSD+0.0740%1h0.1386+0.044%$314K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1390+0.309%$17K$37K50xas long as short
dYdX DYDX-USD+0.2972%1h0.1385−0.064%$79K$2K5xas long as short