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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against MEXC+0.289%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.291%−$29 · spread now +0.289%, 7d avg +0.084%
Together, before fees−0.249%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 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: Hyperliquid is 0.205% dearer against MEXC than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13830.0100pay 0.0100% / 8h33m 29s$3.3M$900K125x
ShortHyperliquid DYDX0.13870.0100get 0.0013% / 1h33m 29s$2.1M$737K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.289% → +0.084%
$20.5
Slippage, 4 orders
−$50.7
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$43.2
Costs to cover
0.637%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 7 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, 4 min ago3.61 bp10.3 bp −$1045.5 bp −$455166.0 bp −$16.6K362.2 bp −$181.1K
Sell Hyperliquid live order book, 7 min ago1.44 bp23.5 bp −$24doesn't fitdoesn't fitdoesn'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−0.0067%1h0.1385+0.145%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13830.000%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1384+0.095%$315K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1384+0.065%$62K$48K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1387+0.289%$2.1M$737K5x
Aster DYDXUSDT+0.0100%8h0.1384+0.061%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1385+0.121%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1383−0.007%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386+0.195%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1387+0.289%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.13830.000%$384K$468K75xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1383long leg$3.3M$900K125x
KuCoin DYDXUSDTM+0.0100%8h0.1386+0.217%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1385+0.145%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1384+0.072%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1384+0.040%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1382−0.043%$50K3xas long as short
BloFin DYDX-USDT+0.0127%8h0.1385+0.145%$299K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1383+0.009%$938100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1388+0.362%$16K$29K50xas long as short
dYdX DYDX-USD+0.2696%1h0.1383−0.005%$79K$2K5xas long as short