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: KuCoin against MEXC0.000%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1000.999% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days−0.120%−$12 · spread now 0.000%, 7d avg +0.032%
Together, before fees−0.259%−$26 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: KuCoin is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13510.0100pay 0.0100% / 8h2h 35m$2.9M$788K125x
ShortKuCoin DYDXUSDTM0.13510.0100get 0.0100% / 8h2h 35m$2.3M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.032%
−$3.22
Slippage, 4 orders
−$83.94
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$103.16
Costs to cover
0.999%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: 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, 2 min ago3.70 bp8.8 bp −$934.2 bp −$342171.1 bp −$17.1K463.9 bp −$232.0K
Sell KuCoin live order book, 7 min ago7.42 bp23.0 bp −$23177.4 bp −$1,774doesn'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−0.0066%1h0.1345−0.444%$6K$49K12xas long as short
BloFin DYDX-USDT+0.0096%8h0.1342−0.666%$296K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1352+0.044%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1352+0.074%$2.1M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1351−0.016%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1350−0.045%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1349−0.178%$4.5M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1348−0.207%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1350−0.074%$379K$471K75xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1351long leg$2.9M$788K125x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTMshort+0.0100%8h0.13510.000%$2.3M$3.7M50x
Bitget DYDXUSDT+0.0100%8h0.1350−0.074%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1350−0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1351−0.026%$4K$113K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.020%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1351−0.027%$916100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0490%1h0.1352+0.074%25xas long as short
Arcus DYDX-USD+0.0562%1h0.1353+0.148%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1355+0.296%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1032%1h0.1352+0.071%$310K$352K20xas long as short
dYdX DYDX-USD+0.5235%1h0.1350−0.038%$77K$2K5xas long as short