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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1204%/8h= +131.9% APRnext payment +$1.51 per $10,000 · paid last 24h +0.701%
Price spread now: Coinbase International against Injective+0.363%64s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Coinbase International is 0.363% dearer against Injective than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DYDX/USDC PERP0.1378−0.0316get 0.0040% / 1h12m 05s$6K$51K12x
ShortCoinbase International DYDX-PERP-INTX0.13830.0888get 0.0111% / 1h12m 05s$16K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$252.94
Price spread: +0.363% → 0.000%
$36.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$279.21
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International no order-book sample
Injective and Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERPlong−0.0316%1h0.1378long leg$6K$51K12x
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1382+0.290%25xas long as short
Lighter DYDX+0.0096%1h0.1383+0.356%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1384+0.464%$2.1M$738K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1382+0.290%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1382+0.290%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1380+0.174%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1382+0.276%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1384+0.435%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1381+0.218%$392K$473K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1382+0.290%$3.4M$870K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1382+0.290%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1381+0.218%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1381+0.218%$7.4Mas long as short
Extended DYDX-USD+0.0104%1h0.1382+0.270%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1382+0.290%$50K3xas long as short
BloFin DYDX-USDT+0.0109%8h0.1381+0.218%$298K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1382+0.288%$937100xas long as short
Kraken Futures PF_DYDXUSD+0.0572%1h0.1383+0.362%$315K$326K20xas long as short
Coinbase International DYDX-PERP-INTXshort+0.0888%1h0.1383+0.363%$16K$29K50x
dYdX DYDX-USD+0.2657%1h0.1381+0.241%$79K$2K5xas long as short