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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against BingX−0.074%7-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 daysno history yet
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 −$3 a day on $10k at the current rate, and Deribit is 0.074% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DYDX-USDT0.13600.0100pay 0.0100% / 8h1h 05m$3.0M
ShortDeribit DYDX_USDC-PERPETUAL0.13590get 0.0000% / 1h5m 43s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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
−$21
Price spread: −0.074% → 0.000%
−$7.35
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$45.35
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago3.68 bp12.1 bp −$1244.0 bp −$440383.9 bp −$38.4K597.7 bp −$298.9K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0045%1h0.1359−0.074%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUALshort0.0000%1h0.1359−0.074%25x
Lighter DYDX+0.0096%1h0.1361+0.037%$60K$52K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1362+0.154%$2.0M$723K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1360−0.030%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.13600.000%$5.3M$8.0M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1359−0.037%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1361+0.059%$2.1M$3.0M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1360−0.029%$379K$439K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1359−0.074%$2.9M$792K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1361+0.074%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1361+0.074%$1.4M$909K10xas long as short
BingX DYDX-USDTlong+0.0100%8h0.1360long leg$3.0M
Extended DYDX-USD+0.0104%1h0.1360−0.030%$1K$114K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.13600.000%$49K3xas long as short
BloFin DYDX-USDT+0.0105%8h0.13600.000%$292K$17K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1360−0.012%$922100xas long as short
Arcus DYDX-USD+0.0239%1h0.1362+0.147%$53K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1363+0.221%$17K$28K50xas long as short
Kraken Futures PF_DYDXUSD+0.1027%1h0.1361+0.059%$309K$334K20xas long as short
dYdX DYDX-USD+0.6048%1h0.1360−0.012%$77K$2K5xas long as short