Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.3056%/8h= +334.7% APRpaid last 24h +0.931%

Price spread now: dYdX against MEXC−0.136%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+3.878%+$388 on $10k

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. dYdX is 0.136% cheaper against MEXC than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4 hours of funding at the current rate (+$92 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYDX_USDT	0.1361	0.0100	pay 0.0100% / 8h	3h 00m	$2.9M	$812K	125x
Short	dYdX DYDX-USD	0.1359	0.3156	get 0.0395% / 1h	0m 06s	$77K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee MEXCbpFee dYdXbpOrdersPrice spread, now −0.136%Rate

Funding earned: $641.8
Price spread: −0.136% → 0.000%: −$13.55
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: $614.25
Costs to cover: 0.140%
Break-even: 0.3 days

Slippage unknown: MEXC: live order book, 2 min ago; dYdX: 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 MEXC live order book, 2 min ago	3.68 bp	8.7 bp −$9	38.6 bp −$386	150.4 bp −$15.0K	417.4 bp −$208.7K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Lighter DYDX	+0.0096%	1h	0.1361	+0.007%	$60K	$48K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1362	+0.080%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1362	+0.041%	$5.3M	$8.4M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1359	−0.125%	$4.6M	$2.5M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1360	−0.044%	$2.1M	$3.2M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1360	−0.081%	$384K	$464K	75x	as long as short
MEXC DYDX_USDTlong	+0.0100%	8h	0.1361	long leg	$2.9M	$812K	125x
KuCoin DYDXUSDTM	+0.0100%	8h	0.1361	0.000%	$2.3M	$3.7M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1361	0.000%	$1.4M	$1.0M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1362	+0.073%	—	$3.0M	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYDX-USD	+0.0104%	1h	0.1361	+0.015%	$3K	$112K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1361	+0.001%	$49K	—	3x	as long as short
BloFin DYDX-USDT	+0.0129%	8h	0.1366	+0.367%	$299K	$12K	75x	as long as short
Hyperliquid DYDX	+0.0170%	1h	0.1363	+0.176%	$2.1M	$722K	5x	as long as short
Injective DYDX/USDC PERP	+0.0178%	1h	0.1357	−0.294%	$6K	$52K	12x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1360	−0.049%	$923	—	100x	as long as short
Arcus DYDX-USD	+0.0248%	1h	0.1364	+0.220%	$53K	$20K	5x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0485%	1h	0.1362	+0.073%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSD	+0.0661%	1h	0.1362	+0.054%	$308K	$348K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0840%	1h	0.1368	+0.514%	$17K	$37K	50x	as long as short
dYdX DYDX-USDshort	+0.3156%	1h	0.1359	−0.136%	$77K	$2K	5x