DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.030%

Price spread now: GMX against Kraken Futures−0.139%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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. GMX is 0.139% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.6 days of funding at the current rate (+$5 a day).

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	21m 06s	$324K	$324K	20x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1391	L +0.0187% / S −0.0526%	get 0.0066% / 1h	21m 06s	$943	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.139%Rate

Funding earned: $37.11
Price spread: −0.139% → 0.000%: −$13.92
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $1.19
Costs to cover: 0.220%
Break-even: 6.8 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; GMX: 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, 2 min ago	7.90 bp	35.5 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.285%	$6K	$51K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1391	−0.141%	—	—	25x	as long as short
BloFin DYDX-USDT	+0.0081%	8h	0.1390	−0.213%	$302K	$16K	75x	as long as short
Lighter DYDX	+0.0096%	1h	0.1391	−0.127%	$63K	$47K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1394	+0.110%	$2.1M	$732K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1392	−0.047%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1391	−0.161%	$5.3M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1390	−0.242%	$4.7M	$2.4M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1391	−0.105%	$2.2M	$3.5M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1393	+0.002%	$53K	$19K	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DYDX_USDT	+0.0100%	8h	0.1391	−0.156%	$393K	$490K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1391	−0.141%	$3.4M	$838K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1392	−0.070%	$2.4M	$4.1M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1391	−0.141%	$1.4M	$1.2M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1391	−0.141%	—	$8.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1391	−0.173%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1390	−0.213%	$50K	—	3x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	0.1391	−0.139%	$943	—	100x
Kraken Futures PF_DYDXUSDlong	+0.0349%	1h	0.1393	long leg	$324K	$324K	20x
Coinbase International DYDX-PERP-INTX	+0.0968%	1h	0.1394	+0.074%	$17K	$29K	50x	as long as short
dYdX DYDX-USD	+0.2791%	1h	0.1392	−0.102%	$79K	$2K	5x	as long as short