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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Bitget against Hyperliquid−0.180%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1031.029% 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+0.283%+$28 · spread now −0.180%, 7d avg −0.061%
Together, before fees+0.280%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 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: Bitget is 0.119% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13910.0100pay 0.0013% / 1h18m 05s$2.1M$733K5x
ShortBitget DYDXUSDT0.13880.0100get 0.0100% / 8h2h 18m$1.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.180% → −0.061%
−$11.91
Slippage, 4 orders
−$81.89
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$114.8
Costs to cover
1.029%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago1.08 bp24.5 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago7.19 bp25.6 bp −$2684.7 bp −$847doesn'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%1h0.1389−0.108%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1387−0.252%25xas long as short
Lighter DYDX+0.0096%1h0.1388−0.216%$62K$47K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1391long leg$2.1M$733K5x
Aster DYDXUSDT+0.0100%8h0.1389−0.078%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1387−0.218%$5.3M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1387−0.280%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1387−0.245%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1389−0.108%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1388−0.180%$393K$490K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1388−0.180%$3.4M$840K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1388−0.180%$2.3M$4.1M50xas long as short
Bitget DYDXUSDTshort+0.0100%8h0.1388−0.180%$1.4M$1.2M10x
BingX DYDX-USDT+0.0100%8h0.1389−0.108%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1387−0.231%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.046%$50K3xas long as short
BloFin DYDX-USDT+0.0127%8h0.1390−0.036%$302K$16K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1387−0.270%$941100xas long as short
Kraken Futures PF_DYDXUSD+0.0349%1h0.1391+0.012%$323K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1394+0.252%$17K$29K50xas long as short
dYdX DYDX-USD+0.2794%1h0.1390−0.003%$79K$2K5xas long as short