Funding you earn now, next payment 06:00 UTC−0.0930%/8h= −101.8% APRpaid last 24h −0.124%
Price spread now: MEXC against Kraken Futures−0.150%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.501%−$50 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now −0.150%, 7d avg −0.147%
=The price spread sits at its 7-day average of −0.147%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.501% in total (about -26.1% a year). A funding rate is set anew for every payment. 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 | 0.1355 | 0.1030 | pay 0.0129% / 1h | 12m 14s | $309K | $355K | 20x |
| Short | MEXC DYDX_USDT | 0.1353 | 0.0100 | get 0.0100% / 8h | 2h 12m | $2.9M | $794K | 125x |
Kraken Futures PF_DYDXUSD
MEXC DYDX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$195.3
- Price spread: −0.150% → −0.147%
- −$0.25
- Slippage, 4 orders
- −$132.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$341.58
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 min ago; MEXC: live order book, 5 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, 35 min ago | 9.95 bp | 93.7 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.69 bp | 8.4 bp −$8 | 44.2 bp −$442 | 156.9 bp −$15.7K | 340.6 bp −$170.3K |
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 | −0.0066% | 1h | 0.1353 | −0.150% | $6K | $49K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1354 | −0.061% | $60K | $48K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0097% | 8h | 0.1356 | +0.072% | $293K | $15K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1355 | +0.005% | $2.1M | $715K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.056% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.128% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.223% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1354 | −0.046% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.127% | $381K | $473K | 75x | as long as short |
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1353 | −0.150% | $2.9M | $794K | 125x |
Injective DYDX/USDC PERP
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | −0.076% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.076% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1354 | −0.076% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1353 | −0.156% | $4K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1354 | −0.086% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1352 | −0.227% | $917 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0490% | 1h | 0.1353 | −0.150% | — | — | 25x | as long as short |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1355 | −0.002% | $52K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1359 | +0.293% | $17K | $34K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.1030% | 1h | 0.1355 | long leg | $309K | $355K | 20x | |
| dYdX DYDX-USD | +0.5812% | 1h | 0.1353 | −0.168% | $77K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD