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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate+0.371%78s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.371%, 7d avg 0.000%
Together, before fees+0.127%+$13 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 0.372% dearer against Gate than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DYDX_USDT0.13460.0100pay 0.0100% / 8h7h 39m$366K$429K75x
ShortBloFin DYDX-USDT0.13510.0109get 0.0109% / 8h7h 39m$291K$30K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$1.92
Price spread: +0.371% → 0.000%
$37.19
Slippage, 4 orders
−$96.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.86
Costs to cover
1.240%
Break-even
315.9 days
Slippage from Gate: live order book, 56 min ago; BloFin: live order book, 17 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 Gate live order book, 56 min ago3.71 bp36.5 bp −$37371.2 bp −$3,712doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago7.41 bp24.6 bp −$2565.5 bp −$655255.9 bp −$25.6Kdoesn'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
Lighter DYDX+0.0096%1h0.1348+0.149%$60K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1349+0.223%$2.0M$712K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1347+0.098%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1347+0.098%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1346+0.007%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1347+0.089%$2.1M$2.8M20xas long as short
Gate DYDX_USDTlong+0.0100%8h0.1346long leg$366K$429K75x
MEXC DYDX_USDT+0.0100%8h0.1347+0.074%$2.8M$749K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1348+0.149%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1347+0.074%$1.4M$871K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1347+0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1347+0.071%$3K$402K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1348+0.151%$49K3xas long as short
BloFin DYDX-USDTshort+0.0109%8h0.1351+0.371%$291K$30K75x
Arcus DYDX-USD+0.0117%1h0.1350+0.297%$51K$21K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1350+0.274%$915100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1349+0.223%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0492%1h0.1348+0.149%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1356+0.743%$17K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1088%1h0.1348+0.140%$303K$302K20xas long as short
dYdX DYDX-USD+0.9129%1h0.1348+0.170%$77K$2K5xas long as short