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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0611%/8h= +66.9% APRnext payment +$0.76 per $10,000 · paid last 24h
Price spread now: Deribit against Injective+0.146%63s7-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 7 daysno 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 +$18 a day on $10k at the current rate, and Deribit is 0.146% dearer against Injective than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DYDX/USDC PERP0.1374−0.0133get 0.0017% / 1h6m 04s$6K$52K12x
ShortDeribit DYDX_USDC-PERPETUAL0.13760.0477get 0.0060% / 1h6m 04s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$128.24
Price spread: +0.146% → 0.000%
$14.56
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$135.77
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Deribit: 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 Deribit no order-book sample
Injective and Deribit: 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 20 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−0.0133%1h0.1374long leg$6K$52K12x
Lighter DYDX+0.0096%1h0.1376+0.124%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1377+0.233%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1376+0.164%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1376+0.109%$5.3M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1374+0.022%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1374+0.007%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1377+0.218%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375+0.073%$390K$464K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375+0.073%$3.1M$830K125xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.146%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1376+0.146%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.13740.000%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1376+0.172%$1K$107K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375+0.073%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375+0.043%$932100xas long as short
Deribit DYDX_USDC-PERPETUALshort+0.0477%1h0.1376+0.146%25x
Kraken Futures PF_DYDXUSD+0.0509%1h0.1377+0.184%$312K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0704%1h0.1379+0.364%$17K$38K50xas long as short
dYdX DYDX-USD+0.2511%1h0.1375+0.099%$78K$2K5xas long as short