Settings8H · net · $10k
Funding arb · Price arb /

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against KuCoin+0.222%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.222%, 7d avg −0.054%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.275% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DYDXUSDTM0.13540.0100pay 0.0100% / 8h38m 30s$2.3M$3.5M50x
ShortBloFin DYDX-USDT0.13570.0123get 0.0123% / 8h38m 30s$291K$30K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Funding earned
$4.79
Price spread: +0.222% → −0.054%
$27.53
Slippage, 4 orders
−$99.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$91.65
Costs to cover
1.240%
Break-even
140.8 days
Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago3.68 bp46.4 bp −$46243.7 bp −$2,437doesn't fitdoesn't fit
Sell BloFin live order book, 23 min ago11.07 bp19.5 bp −$1949.1 bp −$491209.3 bp −$20.9Kdoesn't fit

DYDX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0058%1h0.1353−0.074%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1354−0.007%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1356+0.111%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1353−0.089%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353−0.089%$5.2M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1353−0.096%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353−0.066%$2.1M$3.0M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1355+0.074%$52K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1353−0.111%$377K$427K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1353−0.074%$2.9M$781K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTMlong+0.0100%8h0.1354long leg$2.3M$3.5M50x
Bitget DYDXUSDT+0.0100%8h0.1353−0.074%$1.4M$896K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1353−0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1353−0.101%$1K$404K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1353−0.057%$49K3xas long as short
BloFin DYDX-USDTshort+0.0123%8h0.1357+0.222%$291K$30K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.076%$918100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0489%1h0.13540.000%25xas long as short
Kraken Futures PF_DYDXUSD+0.0849%1h0.1354+0.010%$306K$321K20xas long as short
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1363+0.665%$17K$27K50xas long as short
dYdX DYDX-USD+0.7264%1h0.1353−0.086%$77K$2K5xas long as short