Funding you earn now, next payment 05:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.481%
Price spread now: Arcus against Injective−0.145%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Arcus is 0.145% cheaper against Injective than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 6.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DYDX/USDC PERP | 0.1375 | 0.0178 | pay 0.0022% / 1h | 31m 52s | $6K | $52K | 12x |
| Short | Arcus DYDX-USD | 0.1373 | 0.0248 | get 0.0031% / 1h | 31m 52s | $53K | $20K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- $14.79
- Price spread: −0.145% → 0.000%
- −$14.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$4.27
- Costs to cover
- 0.045%
- Break-even
- 9.0 days
Slippage unknown: Injective: no order-book sample; Arcus: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Injective and Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1372 | −0.233% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1374 | −0.058% | $2.1M | $720K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1373 | −0.116% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.100% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.313% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1373 | −0.167% | $2.1M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1372 | −0.218% | $392K | $454K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1371 | −0.291% | $2.9M | $807K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1372 | −0.218% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1372 | −0.218% | $1.4M | $1.0M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1374 | −0.073% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1372 | −0.247% | $5K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1371 | −0.275% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0124% | 8h | 0.1376 | +0.073% | $302K | $12K | 75x | as long as short |
| Injective DYDX/USDC PERPlong | +0.0178% | 1h | 0.1375 | long leg | $6K | $52K | 12x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1371 | −0.284% | $930 | — | 100x | as long as short |
| Arcus DYDX-USDshort | +0.0248% | 1h | 0.1373 | −0.145% | $53K | $20K | 5x | |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1372 | −0.218% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0655% | 1h | 0.1373 | −0.113% | $312K | $353K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1379 | +0.291% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3002% | 1h | 0.1370 | −0.344% | $78K | $2K | 5x | as long as short |
Injective DYDX/USDC PERP
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
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX