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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: OKX against Hyperliquid−0.240%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days+0.278%+$28 · spread now −0.240%, 7d avg −0.048%
Together, before fees+0.186%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 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: OKX is 0.193% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13740.0100pay 0.0013% / 1h13m 07s$2.1M$721K5x
ShortOKX DYDX-USDT-SWAP0.13700.0100get 0.0100% / 8h3h 13m$2.1M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.240% → −0.048%
−$19.25
Slippage, 4 orders
−$81.63
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$119.88
Costs to cover
1.006%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; OKX: 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, 8 min ago1.45 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.28 bp27.2 bp −$27220.6 bp −$2,206doesn'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
BloFin DYDX-USDT+0.0071%8h0.1373−0.051%$299K$12K75xas long as short
Lighter DYDX+0.0096%1h0.1371−0.167%$61K$48K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1374long leg$2.1M$721K5x
Aster DYDXUSDT+0.0100%8h0.1374+0.029%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1371−0.168%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1369−0.342%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAPshort+0.0100%8h0.1370−0.240%$2.1M$3.2M20x
Gate DYDX_USDT+0.0100%8h0.1372−0.138%$389K$460K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1371−0.197%$2.9M$811K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1372−0.124%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1372−0.124%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1372−0.124%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1371−0.197%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1370−0.269%$50K3xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.1371−0.197%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1371−0.183%$930100xas long as short
Arcus DYDX-USD+0.0248%1h0.1374+0.022%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0480%1h0.1372−0.124%25xas long as short
Kraken Futures PF_DYDXUSD+0.0656%1h0.1372−0.147%$311K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1377+0.240%$17K$37K50xas long as short
dYdX DYDX-USD+0.2983%1h0.1373−0.049%$78K$2K5xas long as short