Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h +0.480%

Price spread now: BingX against Injective0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.663%+$66 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.663%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective DYDX/USDC PERP	0.1371	0.0178	pay 0.0022% / 1h	13m 00s	$6K	$52K	12x
Short	BingX DYDX-USDT	0.1371	0.0100	get 0.0100% / 8h	3h 13m	—	$3.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$16.35
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BingX: 5 bp × 2 orders: −$10
Net: −$26.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; BingX: live order book, 6 min ago. 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 BingX live order book, 6 min ago	10.94 bp	28.7 bp −$29	64.6 bp −$646	332.6 bp −$33.3K	577.7 bp −$288.9K

Injective: 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
BloFin DYDX-USDT	+0.0071%	8h	0.1373	+0.146%	$299K	$12K	75x	as long as short
Lighter DYDX	+0.0096%	1h	0.1371	+0.029%	$61K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1374	+0.197%	$2.1M	$721K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1374	+0.182%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1371	−0.010%	$5.3M	$8.3M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1369	−0.146%	$4.6M	$2.5M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1370	−0.073%	$2.1M	$3.2M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1372	+0.058%	$389K	$460K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1370	−0.073%	$2.9M	$811K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1371	0.000%	$2.3M	$3.7M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DYDXUSDT	+0.0100%	8h	0.1371	0.000%	$1.4M	$1.0M	10x	as long as short
BingX DYDX-USDTshort	+0.0100%	8h	0.1371	0.000%	—	$3.0M	—
Extended DYDX-USD	+0.0104%	1h	0.1370	−0.047%	$3K	$112K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1370	−0.073%	$50K	—	3x	as long as short
Injective DYDX/USDC PERPlong	+0.0178%	1h	0.1371	long leg	$6K	$52K	12x
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1371	+0.013%	$930	—	100x	as long as short
Arcus DYDX-USD	+0.0248%	1h	0.1374	+0.219%	$53K	$20K	5x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0480%	1h	0.1372	+0.073%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSD	+0.0656%	1h	0.1372	+0.049%	$311K	$352K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0840%	1h	0.1377	+0.438%	$17K	$37K	50x	as long as short
dYdX DYDX-USD	+0.2983%	1h	0.1373	+0.148%	$78K	$2K	5x	as long as short