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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.138%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.138%, 7d avg −0.042%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.097% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13720.0100pay 0.0100% / 8h6h 28m$3.0M$828K125x
ShortBybit DYDXUSDT0.13700.0100get 0.0100% / 8h6h 28m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
$0
Price spread: −0.138% → −0.042%
−$9.66
Slippage, 4 orders
−$85.61
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$110.27
Costs to cover
1.006%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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 MEXC live order book, 3 min ago7.27 bp13.8 bp −$1456.1 bp −$561175.9 bp −$17.6K434.0 bp −$217.0K
Sell Bybit live order book, 4 min ago0.36 bp34.9 bp −$35201.2 bp −$2,012doesn't fitdoesn't fit

DYDX on 20 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−0.0133%1h0.1373+0.073%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1369−0.219%25xas long as short
Lighter DYDX+0.0096%1h0.1371−0.102%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1374+0.160%$2.1M$738K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1373+0.068%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.13720.000%$5.2M$8.5M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1370−0.138%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1373+0.044%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1376+0.292%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1371−0.058%$390K$460K75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDTlong+0.0100%8h0.1372long leg$3.0M$828K125x
KuCoin DYDXUSDTM+0.0100%8h0.1373+0.073%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13720.000%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.13720.000%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1372−0.027%$4K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1371−0.089%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1372−0.017%$931100xas long as short
Kraken Futures PF_DYDXUSD+0.0511%1h0.1370−0.118%$312K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0704%1h0.1378+0.437%$17K$38K50xas long as short
dYdX DYDX-USD+0.2613%1h0.1374+0.172%$78K$2K5xas long as short