Funding you earn now, next payment 23:00 UTC−0.0474%/8h= −51.9% APRpaid last 24h −0.070%
Price spread now: OKX against Kraken Futures−0.011%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days−0.498%−$50 on $10k
+Price spread, last 3 days (all we have)−0.407%−$41 · spread now −0.011%, 7d avg −0.105%
=The price spread pays, funding is against you. OKX is 0.094% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.105%): +$9 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.498% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1378 | 0.0574 | pay 0.0072% / 1h | 27m 18s | $316K | $327K | 20x |
| Short | OKX DYDX-USDT-SWAP | 0.1378 | 0.0100 | get 0.0100% / 8h | 1h 27m | $2.2M | $3.4M | 20x |
Kraken Futures PF_DYDXUSD
OKX DYDX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$99.54
- Price spread: −0.011% → −0.105%
- $9.36
- Slippage, 4 orders
- −$97.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$207.93
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 55 min ago; OKX: 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, 55 min ago | 7.90 bp | 35.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.82 bp | 26.9 bp −$27 | doesn't fit | 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 | −0.0316% | 1h | 0.1377 | −0.105% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1378 | −0.033% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1377 | −0.120% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1380 | +0.098% | $2.1M | $740K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1377 | −0.121% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1377 | −0.101% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1376 | −0.207% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAPshort | +0.0100% | 8h | 0.1378 | −0.011% | $2.2M | $3.4M | 20x | |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1379 | +0.040% | $52K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1376 | −0.149% | $391K | $472K | 75x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
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 | 0.1377 | −0.105% | $3.4M | $867K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1378 | −0.033% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1377 | −0.105% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1377 | −0.105% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1377 | −0.124% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | +0.083% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0108% | 8h | 0.1375 | −0.250% | $299K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1378 | −0.063% | $934 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0574% | 1h | 0.1378 | long leg | $316K | $327K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.402% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2661% | 1h | 0.1378 | −0.060% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD