Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.010%
Price spread now: Binance against Arcus−0.094%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.094% cheaper against Arcus than usual: you would sell low and buy high (−$9 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 | Arcus DYDX-USD | 0.1349 | 0.0117 | pay 0.0015% / 1h | 38m 14s | $51K | $21K | 5x |
| Short | Binance DYDXUSDT | 0.1348 | 0.0100 | get 0.0100% / 8h | 7h 38m | $5.2M | $7.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- −$3.55
- Price spread: −0.094% → 0.000%
- −$9.37
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.41
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 16 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 3.71 bp | 24.2 bp −$24 | 87.1 bp −$871 | 513.5 bp −$51.4K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1348 | −0.059% | $60K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1351 | +0.141% | $2.0M | $712K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.135% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1348 | −0.094% | $5.2M | $7.8M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1346 | −0.193% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1349 | −0.007% | $2.1M | $2.8M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1345 | −0.274% | $366K | $429K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1347 | −0.148% | $2.9M | $750K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1348 | −0.074% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1349 | 0.000% | $1.4M | $871K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1348 | −0.074% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1347 | −0.113% | $3K | $402K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1349 | +0.037% | $49K | — | 3x | as long as short |
| Arcus DYDX-USDlong | +0.0117% | 1h | 0.1349 | long leg | $51K | $21K | 5x | |
| BloFin DYDX-USDT | +0.0124% | 8h | 0.1349 | 0.000% | $291K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1347 | −0.116% | $914 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1349 | 0.000% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0492% | 1h | 0.1348 | −0.074% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1356 | +0.519% | $17K | $26K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1088% | 1h | 0.1348 | −0.080% | $303K | $300K | 20x | as long as short |
| dYdX DYDX-USD | +0.9373% | 1h | 0.1347 | −0.165% | $77K | $2K | 5x | as long as short |
Binance DYDXUSDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
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]
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD