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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: BingX against Hyperliquid−0.261%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.220%+$22 · spread now −0.261%, 7d avg −0.080%
Together, before fees+0.217%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 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: BingX is 0.181% cheaper against Hyperliquid than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13810.0100pay 0.0013% / 1h56m 55s$2.1M$735K5x
ShortBingX DYDX-USDT0.13770.0100get 0.0100% / 8h1h 56m$8.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: −0.261% → −0.080%
−$18.06
Slippage, 4 orders
−$60.86
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.93
Costs to cover
0.799%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BingX: live order book, 11 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 Hyperliquid live order book, 4 min ago1.45 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago10.85 bp21.6 bp −$2257.3 bp −$573336.1 bp −$33.6K599.0 bp −$299.5K

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−0.0316%1h0.1377−0.261%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1377−0.261%25xas long as short
Lighter DYDX+0.0096%1h0.1378−0.225%$62K$47K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1381long leg$2.1M$735K5x
Aster DYDXUSDT+0.0100%8h0.1377−0.258%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1377−0.232%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1377−0.268%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1380−0.058%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378−0.188%$52K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1378−0.217%$390K$470K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1377−0.261%$3.4M$834K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1379−0.116%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1378−0.188%$1.4M$1.2M10xas long as short
BingX DYDX-USDTshort+0.0100%8h0.1377−0.261%$8.0M
Extended DYDX-USD+0.0104%1h0.1377−0.259%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1378−0.210%$50K3xas long as short
BloFin DYDX-USDT+0.0112%8h0.1374−0.478%$301K$15K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1377−0.264%$934100xas long as short
Kraken Futures PF_DYDXUSD+0.0574%1h0.1378−0.184%$320K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1379−0.116%$16K$29K50xas long as short
dYdX DYDX-USD+0.3116%1h0.1377−0.283%$78K$2K5xas long as short