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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.072%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.072%, 7d avg −0.043%
Together, before fees+0.349%+$35 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 0.030% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DYDX_USDT0.13850.0100pay 0.0100% / 8h2h 40m$396K$484K75x
ShortBybit DYDXUSDT0.13840.0100get 0.0100% / 8h2h 40m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.072% → −0.043%
−$2.96
Slippage, 4 orders
−$159.11
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$188.07
Costs to cover
1.851%
Break-even
never at this rate
Slippage from Gate: live order book, 44 min ago; Bybit: live order book, 2 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, 44 min ago6.88 bp41.4 bp −$41442.6 bp −$4,426doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.89 bp50.3 bp −$50225.0 bp −$2,250doesn'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−0.0395%1h0.1384−0.065%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1386+0.079%25xas long as short
BloFin DYDX-USDT+0.0077%8h0.1383−0.137%$302K$16K75xas long as short
Lighter DYDX+0.0096%1h0.1387+0.123%$63K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1388+0.231%$2.1M$723K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385+0.031%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1385+0.019%$5.2M$8.6M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1384−0.072%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1387+0.123%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1388+0.224%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDTlong+0.0100%8h0.1385long leg$396K$484K75x
MEXC DYDX_USDT+0.0100%8h0.1385+0.007%$3.4M$814K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1386+0.079%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1385+0.007%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1385+0.007%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1385+0.017%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1386+0.087%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386+0.076%$940100xas long as short
Kraken Futures PF_DYDXUSD+0.0350%1h0.1387+0.135%$326K$322K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1388+0.224%$17K$31K50xas long as short
dYdX DYDX-USD+0.2480%1h0.1386+0.075%$79K$2K5xas long as short