Funding you earn now, next payment 07:00 UTC−0.0933%/8h= −102.1% APRnext payment −$1.17 per $10,000 · paid last 24h −0.130%
Price spread now: Extended against Kraken Futures−0.095%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1851.850% of the position
Funding, last 7 days−0.504%−$50 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now −0.095%, 7d avg −0.158%
=Together, before fees−0.709%+ Points / potential airdropExtended: Active · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.063% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.095% now, against its 7-day average of −0.158%): +$6 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.504% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.504% in total (about -26.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.17 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 | 0.1348 | 0.1037 | pay 0.0130% / 1h | 34m 59s | $307K | $349K | 20x |
| Short | Extended DYDX-USD | 0.1347 | 0.0104 | get 0.0013% / 1h | 34m 59s | $1K | $122K | 10x |
Kraken Futures PF_DYDXUSD
Extended DYDX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$195.86
- Price spread: −0.095% → −0.158%
- $6.33
- Slippage, 4 orders
- −$170
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$374.53
- Costs to cover
- 1.850%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 8 min ago; Extended: live order book, 6 min ago.
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, 8 min ago | 12.21 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 7.05 bp | 29.7 bp −$30 | 214.7 bp −$2,147 | doesn't fit | doesn't fit |
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 | −0.0045% | 1h | 0.1348 | +0.002% | $6K | $48K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0072% | 8h | 0.1351 | +0.225% | $293K | $18K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1348 | +0.032% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1349 | +0.091% | $2.0M | $722K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.093% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.071% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1346 | −0.146% | $4.5M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1348 | −0.027% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1347 | −0.057% | $378K | $432K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1347 | −0.072% | $2.8M | $789K | 125x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1349 | +0.076% | $2.3M | $3.6M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1348 | +0.002% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1347 | −0.072% | — | $3.0M | — | as long as short |
| Extended DYDX-USDshort | +0.0104% | 1h | 0.1347 | −0.095% | $1K | $122K | 10x | |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | +0.151% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1347 | −0.067% | $914 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1351 | +0.225% | $52K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0492% | 1h | 0.1348 | +0.002% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1352 | +0.299% | $17K | $31K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.1037% | 1h | 0.1348 | long leg | $307K | $349K | 20x | |
| dYdX DYDX-USD | +0.5436% | 1h | 0.1347 | −0.038% | $77K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD