Funding you earn now, next payment 22:00 UTC−0.0349%/8h= −38.2% APRnext payment −$0.44 per $10,000 · paid last 24h —
Price spread now: Deribit against Kraken Futures−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.102% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1393 | 0.0349 | pay 0.0044% / 1h | 23m 41s | $324K | $324K | 20x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1392 | 0 | get 0.0000% / 1h | 23m 41s | — | — | 25x |
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Kraken Futures. 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
- −$73.22
- Price spread: −0.102% → 0.000%
- −$10.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$100.44
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 64 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 64 min ago | 5.78 bp | 38.7 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0395% | 1h | 0.1389 | −0.318% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1392 | −0.102% | — | — | 25x | |
| Lighter DYDX | +0.0096% | 1h | 0.1392 | −0.088% | $63K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1396 | +0.170% | $2.1M | $731K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1393 | −0.028% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1392 | −0.102% | $5.3M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.188% | $4.7M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1393 | −0.066% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1394 | +0.041% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1391 | −0.145% | $394K | $490K | 75x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1392 | −0.102% | $3.4M | $825K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1393 | −0.030% | $2.4M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1392 | −0.102% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1392 | −0.102% | — | $8.0M | — | as long as short |
| BloFin DYDX-USDT | +0.0102% | 8h | 0.1387 | −0.461% | $302K | $16K | 75x | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1392 | −0.116% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1392 | −0.084% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1392 | −0.108% | $944 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0349% | 1h | 0.1393 | long leg | $324K | $324K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1390 | −0.246% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2756% | 1h | 0.1392 | −0.135% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
BloFin DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD