Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h —
Price spread now: Deribit against OKX−0.079%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.079% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DYDX-USDT-SWAP | 0.1391 | 0.0100 | pay 0.0100% / 8h | 52m 44s | $2.2M | $3.4M | 20x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1390 | 0 | get 0.0000% / 1h | 52m 44s | — | — | 25x |
OKX DYDX-USDT-SWAP
Deribit DYDX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.079% → 0.000%
- −$7.91
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$45.91
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Deribit: 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, 5 min ago | 0.36 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0067% | 1h | 0.1389 | −0.151% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1390 | −0.079% | — | — | 25x | |
| Kraken Futures PF_DYDXUSD | +0.0078% | 1h | 0.1391 | +0.027% | $318K | $328K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1390 | −0.050% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1393 | +0.122% | $2.1M | $736K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.043% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.047% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1389 | −0.158% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAPlong | +0.0100% | 8h | 0.1391 | long leg | $2.2M | $3.4M | 20x | |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1392 | +0.065% | $53K | $19K | 5x | as long as short |
Injective DYDX/USDC PERP
Kraken Futures PF_DYDXUSD
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1390 | −0.108% | $387K | $467K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1390 | −0.079% | $3.4M | $860K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1391 | −0.007% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.007% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1389 | −0.151% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1390 | −0.099% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | −0.079% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0106% | 8h | 0.1390 | −0.079% | $298K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1390 | −0.073% | $943 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | −0.510% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2695% | 1h | 0.1390 | −0.093% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD