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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0187%/8h= −20.5% APRnext payment $0.23 per $10,000 · paid last 24h
Price spread now: Deribit against GMX−0.054%7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.054% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DYDX/USD [WBTC.b-USDC]0.1383L +0.0187% / S −0.0526%pay 0.0023% / 1h39m 13s$938100x
ShortDeribit DYDX_USDC-PERPETUAL0.13820get 0.0000% / 1h39m 13s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$39.32
Price spread: −0.054% → 0.000%
−$5.35
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$63.67
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: 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 Deribit no order-book sample
GMX and Deribit: 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+0.308%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUALshort0.0000%1h0.1382−0.054%25x
BloFin DYDX-USDT+0.0089%8h0.1386+0.236%$298K$12K75xas long as short
Kraken Futures PF_DYDXUSD+0.0096%1h0.1384+0.092%$311K$332K20xas long as short
Lighter DYDX+0.0096%1h0.1383+0.026%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1385+0.178%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1384+0.064%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1383+0.015%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1381−0.090%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1384+0.062%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1386+0.236%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1385+0.171%$385K$457K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1384+0.091%$3.1M$916K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1385+0.163%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1383+0.019%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1385+0.163%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1383+0.009%$3K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1383+0.040%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]longL +0.0187% / S −0.0526%1h0.1383long leg$938100x
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1390+0.525%$16K$30K50xas long as short
dYdX DYDX-USD+0.2311%1h0.1385+0.134%$79K$2K5xas long as short