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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin−0.284%102s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.284%, 7d avg −0.041%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.243% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13730.0107pay 0.0107% / 8h3h 25m$299K$12K75x
ShortBybit DYDXUSDT0.13690.0100get 0.0100% / 8h3h 25m$4.6M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$1.51
Price spread: −0.284% → −0.041%
−$24.29
Slippage, 4 orders
−$99.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$147.87
Costs to cover
1.221%
Break-even
never at this rate
Slippage from BloFin: live order book, 56 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 56 min ago10.90 bp20.8 bp −$2154.0 bp −$540353.4 bp −$35.3Kdoesn't fit
Sell Bybit live order book, 2 min ago0.37 bp44.1 bp −$44226.7 bp −$2,267doesn't fitdoesn't fit

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
Lighter DYDX+0.0096%1h0.1372−0.102%$61K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1373+0.036%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1373−0.027%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1371−0.133%$5.3M$8.3M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1369−0.284%$4.6M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1371−0.175%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1371−0.160%$392K$455K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1372−0.073%$2.9M$807K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1372−0.073%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1371−0.146%$1.4M$1.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1371−0.146%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1371−0.144%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1371−0.171%$50K3xas long as short
BloFin DYDX-USDTlong+0.0107%8h0.1373long leg$299K$12K75x
Injective DYDX/USDC PERP+0.0178%1h0.13730.000%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1371−0.173%$929100xas long as short
Arcus DYDX-USD+0.0248%1h0.13730.000%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0479%1h0.1372−0.073%25xas long as short
Kraken Futures PF_DYDXUSD+0.0656%1h0.1372−0.103%$311K$351K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1379+0.437%$17K$37K50xas long as short
dYdX DYDX-USD+0.2993%1h0.1371−0.172%$78K$2K5xas long as short