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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0461%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.219%
Price spread now: Coinbase International against GMX+0.296%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.296% dearer against GMX than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DYDX/USD [WBTC.b-USDC]0.1386L +0.0187% / S −0.0526%pay 0.0023% / 1h40m 20s$940100x
ShortCoinbase International DYDX-PERP-INTX0.13900.0648get 0.0081% / 1h40m 20s$16K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
$96.76
Price spread: +0.296% → 0.000%
$29.58
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$104.34
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Coinbase International no order-book sample
GMX and Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0214%1h0.1387+0.079%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1386+0.007%25xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1388+0.146%$312K$332K20xas long as short
Lighter DYDX+0.0096%1h0.13860.000%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1388+0.159%$2.1M$735K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.044%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386+0.011%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1385−0.058%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.007%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1388+0.152%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1386+0.014%$386K$457K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1386+0.007%$3.1M$916K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.079%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386+0.007%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1387+0.079%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1386−0.014%$3K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1389+0.223%$50K3xas long as short
BloFin DYDX-USDT+0.0129%8h0.1386+0.007%$298K$12K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]longL +0.0187% / S −0.0526%1h0.1386long leg$940100x
Coinbase International DYDX-PERP-INTXshort+0.0648%1h0.1390+0.296%$16K$30K50x
dYdX DYDX-USD+0.2314%1h0.1386−0.023%$79K$2K5xas long as short