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
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1383 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 39m 13s | $938 | — | 100x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1382 | 0 | get 0.0000% / 1h | 39m 13s | — | — | 25x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0214% | 1h | 0.1387 | +0.308% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1382 | −0.054% | — | — | 25x | |
| BloFin DYDX-USDT | +0.0089% | 8h | 0.1386 | +0.236% | $298K | $12K | 75x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0096% | 1h | 0.1384 | +0.092% | $311K | $332K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | +0.026% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1385 | +0.178% | $2.1M | $733K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | +0.064% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1383 | +0.015% | $5.2M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.090% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1384 | +0.062% | $2.2M | $3.4M | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1386 | +0.236% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1385 | +0.171% | $385K | $457K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1384 | +0.091% | $3.1M | $916K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1385 | +0.163% | $2.3M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1383 | +0.019% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1385 | +0.163% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1383 | +0.009% | $3K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1383 | +0.040% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1383 | long leg | $938 | — | 100x | |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1390 | +0.525% | $16K | $30K | 50x | as long as short |
| dYdX DYDX-USD | +0.2311% | 1h | 0.1385 | +0.134% | $79K | $2K | 5x | as long as short |
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSD
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Coinbase International DYDX-PERP-INTX