Funding you earn now, next payment 09:00 UTC+0.7520%/8h= +823.5% APRnext payment +$9.40 per $10,000 · paid last 24h +0.893%
Price spread now: dYdX against Kraken Futures−0.034%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+3.610%+$361 on $10k
+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. dYdX is 0.034% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$226 a day). At the pace of the last 7 days (+3.610% in total) that is about 2 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 3.610% in total (about 188.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1352 | 0.1085 | pay 0.0136% / 1h | 46m 56s | $304K | $303K | 20x |
| Short | dYdX DYDX-USD | 0.1351 | 0.8605 | get 0.1076% / 1h | 46m 56s | $77K | $2K | 5x |
Kraken Futures PF_DYDXUSD
dYdX DYDX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $1,579.23
- Price spread: −0.034% → 0.000%
- −$3.39
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $1,555.85
- Costs to cover
- 0.200%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: live order book, 51 min ago; dYdX: 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, 51 min ago | 5.92 bp | 67.7 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 0.1352 | +0.005% | $60K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1353 | +0.116% | $2.0M | $714K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.119% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.013% | $5.2M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.172% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1352 | −0.009% | $2.1M | $2.9M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1350 | −0.120% | $369K | $428K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1351 | −0.061% | $2.9M | $749K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1352 | +0.013% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.013% | $1.4M | $877K | 10x | as long as short |
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1351 | −0.061% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1351 | −0.052% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1351 | −0.083% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0113% | 8h | 0.1351 | −0.061% | $291K | $30K | 75x | as long as short |
| Arcus DYDX-USD | +0.0117% | 1h | 0.1354 | +0.161% | $51K | $21K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1351 | −0.070% | $917 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1350 | −0.135% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0490% | 1h | 0.1352 | +0.013% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1356 | +0.309% | $17K | $26K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.1085% | 1h | 0.1352 | long leg | $304K | $303K | 20x | |
| dYdX DYDX-USDshort | +0.8605% | 1h | 0.1351 | −0.034% | $77K | $2K | 5x |
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Arcus DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX