Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h 0.000%
Price spread now: Arcus against OKX+0.051%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.051% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DYDX-USDT-SWAP | 0.1380 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $2.2M | $3.3M | 20x |
| Short | Arcus DYDX-USD | 0.1381 | 0.0162 | get 0.0020% / 1h | 1m 45s | $53K | $20K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.02
- Price spread: +0.051% → 0.000%
- $5.07
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $3.6
- Costs to cover
- 0.145%
- Break-even
- 5.1 days
Slippage unknown: OKX: live order book, 1 min ago; Arcus: 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 OKX live order book, 1 min ago | 1.09 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0539% | 1h | 0.1373 | −0.529% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1379 | −0.101% | $61K | $49K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1383 | +0.188% | $2.1M | $723K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.030% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.022% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.181% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAPlong | +0.0100% | 8h | 0.1380 | long leg | $2.2M | $3.3M | 20x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1377 | −0.239% | $389K | $477K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.094% | $3.0M | $810K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1379 | −0.094% | $2.4M | $3.7M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.022% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1379 | −0.094% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1380 | −0.051% | $5K | $115K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1379 | −0.120% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0109% | 8h | 0.1373 | −0.529% | $299K | $12K | 75x | as long as short |
| Arcus DYDX-USDshort | +0.0162% | 1h | 0.1381 | +0.051% | $53K | $20K | 5x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1378 | −0.188% | $935 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0476% | 1h | 0.1379 | −0.094% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0552% | 1h | 0.1379 | −0.083% | $310K | $351K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0856% | 1h | 0.1380 | −0.022% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2954% | 1h | 0.1375 | −0.374% | $78K | $2K | 5x | as long as short |
OKX DYDX-USDT-SWAP
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX