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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.79 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against BloFin−0.162%78s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1191.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.296%−$30 · spread now −0.162%, 7d avg 0.000%
Together, before fees−0.336%−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.163% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13540.0114pay 0.0114% / 8h6h 53m$291K$33K75x
ShortGate DYDX_USDT0.13520.0035get 0.0035% / 8h6h 53m$364K$424K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$16.57
Price spread: −0.162% → 0.000%
−$16.29
Slippage, 4 orders
−$91.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$151.44
Costs to cover
1.186%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Gate: live order book, 37 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, 63 min ago7.41 bp13.4 bp −$1339.0 bp −$390306.3 bp −$30.6Kdoesn't fit
Sell Gate live order book, 37 min ago2.24 bp40.9 bp −$41418.7 bp −$4,187doesn'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
Injective DYDX/USDC PERP−0.0100%1h0.1346−0.591%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1351−0.222%25xas long as short
Gate DYDX_USDTshort+0.0035%8h0.1352−0.162%$364K$424K75x
Lighter DYDX+0.0096%1h0.1350−0.281%$60K$43K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1350−0.281%$2.0M$707K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1351−0.235%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1350−0.299%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1348−0.414%$4.8M$2.7M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1350−0.288%$2.1M$2.8M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1350−0.295%$51K$21K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1349−0.369%$2.8M$739K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1352−0.148%$2.3M$3.3M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1350−0.295%$1.4M$831K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1350−0.295%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1350−0.327%$1K$399K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.252%$49K3xas long as short
BloFin DYDX-USDTlong+0.0114%8h0.1354long leg$291K$33K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.075%$918100xas long as short
Kraken Futures PF_DYDXUSD+0.0974%1h0.1353−0.080%$305K$297K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0976%1h0.1369+1.108%$16K$26K50xas long as short
dYdX DYDX-USD+0.8547%1h0.1350−0.264%$77K$2K5xas long as short