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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: MEXC against Hyperliquid−0.288%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days+0.290%+$29 · spread now −0.288%, 7d avg −0.084%
Together, before fees+0.248%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 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: MEXC is 0.204% cheaper against Hyperliquid than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13870.0100pay 0.0013% / 1h33m 31s$2.1M$737K5x
ShortMEXC DYDX_USDT0.13830.0100get 0.0100% / 8h33m 31s$3.3M$900K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.288% → −0.084%
−$20.42
Slippage, 4 orders
−$50.7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$84.12
Costs to cover
0.637%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago1.44 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago3.61 bp9.0 bp −$936.8 bp −$368159.3 bp −$15.9K376.4 bp −$188.2K

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−0.0067%1h0.1385−0.144%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1383−0.288%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1384−0.193%$315K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1384−0.224%$62K$48K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1387long leg$2.1M$737K5x
Aster DYDXUSDT+0.0100%8h0.1384−0.228%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1385−0.168%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1383−0.296%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.094%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.13870.000%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1383−0.288%$384K$468K75xas long as short
MEXC DYDX_USDTshort+0.0100%8h0.1383−0.288%$3.3M$900K125x
KuCoin DYDXUSDTM+0.0100%8h0.1386−0.072%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1385−0.144%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1384−0.216%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1384−0.249%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1382−0.331%$50K3xas long as short
BloFin DYDX-USDT+0.0127%8h0.1385−0.144%$299K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1383−0.280%$938100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1388+0.072%$16K$29K50xas long as short
dYdX DYDX-USD+0.2696%1h0.1383−0.293%$79K$2K5xas long as short