Funding you earn now, next payment 06:00 UTC+0.0926%/8h= +101.4% APRpaid last 24h +0.110%
Price spread now: Kraken Futures against OKX+0.102%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
Funding, last 7 days+0.538%+$54 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now +0.102%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.538% in total (about 28.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DYDX-USDT-SWAP | 0.1359 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $2.1M | $3.2M | 20x |
| Short | Kraken Futures PF_DYDXUSD | 0.1360 | 0.1026 | get 0.0128% / 1h | 54m 41s | $308K | $349K | 20x |
OKX DYDX-USDT-SWAP
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $194.44
- Price spread: +0.102% → +0.104%
- −$0.22
- Slippage, 4 orders
- −$134.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $39.51
- Costs to cover
- 1.547%
- Break-even
- 5.6 days
Slippage from OKX: live order book, 3 min ago; Kraken Futures: live order book, 58 min ago.
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, 3 min ago | 2.20 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 58 min ago | 15.16 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0066% | 1h | 0.1361 | +0.147% | $6K | $49K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1359 | +0.015% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1361 | +0.155% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1359 | +0.032% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.059% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1356 | −0.199% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAPlong | +0.0100% | 8h | 0.1359 | long leg | $2.1M | $3.2M | 20x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1359 | −0.015% | $385K | $458K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1357 | −0.147% | $2.9M | $783K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1360 | +0.074% | $2.3M | $3.7M | 50x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1359 | 0.000% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1360 | +0.074% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1359 | −0.027% | $3K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1358 | −0.050% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0106% | 8h | 0.1359 | 0.000% | $300K | $12K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1357 | −0.158% | $920 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0486% | 1h | 0.1359 | 0.000% | — | — | 25x | as long as short |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1360 | +0.074% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1368 | +0.662% | $17K | $37K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.1026% | 1h | 0.1360 | +0.102% | $308K | $349K | 20x | |
| dYdX DYDX-USD | +0.3950% | 1h | 0.1359 | −0.003% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD