DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0285%/8h= −31.2% APRnext payment −$0.36 per $10,000 · paid last 24h −0.481%

Price spread now: Injective against Arcus+0.295%101s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Injective

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Injective is 0.295% dearer against Arcus than usual: you sell high and buy low (spread +0.295% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 101 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	Arcus DYDX-USD	0.1358	0.0239	pay 0.0030% / 1h	55m 34s	$52K	$20K	5x
Short	Injective DYDX/USDC PERP	0.1362	−0.0045	pay 0.0006% / 1h	55m 34s	$6K	$48K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee InjectivebpOrdersPrice spread, now +0.295%Rate

Funding earned: −$59.8
Price spread: +0.295% → 0.000%: $29.46
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$34.87
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Arcus and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DYDX/USDC PERPshort	−0.0045%	1h	0.1362	+0.295%	$6K	$48K	12x
BloFin DYDX-USDT	+0.0070%	8h	0.1358	0.000%	$293K	$15K	75x	as long as short
Lighter DYDX	+0.0096%	1h	0.1356	−0.140%	$60K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1358	+0.037%	$2.1M	$715K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1356	−0.147%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1356	−0.135%	$5.3M	$8.6M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1354	−0.295%	$4.6M	$2.4M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1356	−0.140%	$2.1M	$3.2M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1355	−0.221%	$381K	$430K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1356	−0.147%	$2.9M	$787K	125x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DYDXUSDTM	+0.0100%	8h	0.1357	−0.074%	$2.3M	$3.6M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1356	−0.147%	$1.4M	$1.0M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1355	−0.221%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1355	−0.185%	$4K	$118K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1355	−0.187%	$49K	—	3x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1356	−0.183%	$919	—	100x	as long as short
Arcus DYDX-USDlong	+0.0239%	1h	0.1358	long leg	$52K	$20K	5x
Deribit DYDX_USDC-PERPETUAL	+0.0488%	1h	0.1356	−0.147%	—	—	25x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0992%	1h	0.1360	+0.147%	$17K	$34K	50x	as long as short
Kraken Futures PF_DYDXUSD	+0.1031%	1h	0.1355	−0.218%	$309K	$353K	20x	as long as short
dYdX DYDX-USD	+0.4106%	1h	0.1356	−0.175%	$77K	$2K	5x	as long as short