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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h −0.478%
Price spread now: Injective against OKX−0.689%98s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.572%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 0.689% cheaper against OKX than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DYDX-USDT-SWAP0.13500.0100pay 0.0100% / 8h2h 21m$2.1M$3.2M20x
ShortInjective DYDX/USDC PERP0.1341−0.0066pay 0.0008% / 1h21m 36s$6K$49K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against OKX. 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
−$34.82
Price spread: −0.689% → 0.000%
−$68.87
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$113.71
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 1 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago1.86 bp27.9 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERPshort−0.0066%1h0.1341−0.689%$6K$49K12x
BloFin DYDX-USDT+0.0081%8h0.1341−0.689%$292K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1350−0.044%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1351+0.081%$2.1M$714K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1350−0.003%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1350−0.022%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1348−0.156%$4.5M$2.4M75xas long as short
OKX DYDX-USDT-SWAPlong+0.0100%8h0.1350long leg$2.1M$3.2M20x
Gate DYDX_USDT+0.0100%8h0.1349−0.096%$378K$471K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1350−0.022%$2.8M$791K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1350−0.022%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1350−0.022%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1349−0.096%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1350−0.049%$3K$119K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1346−0.304%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1345−0.373%$912100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0492%1h0.1348−0.170%25xas long as short
Arcus DYDX-USD+0.0562%1h0.1353+0.200%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1348−0.170%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1035%1h0.1349−0.092%$309K$355K20xas long as short
dYdX DYDX-USD+0.5934%1h0.1349−0.062%$77K$2K5xas long as short