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+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BloFin+0.073%95s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.127%−$13 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.073%, 7d avg +0.056%
Together, before fees−0.279%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13630.0076pay 0.0076% / 8h3h 07m$297K$12K75x
ShortKuCoin DYDXUSDTM0.13640.0100get 0.0100% / 8h3h 07m$2.3M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$5.14
Price spread: +0.073% → +0.056%
$1.76
Slippage, 4 orders
−$100.71
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$117.8
Costs to cover
1.247%
Break-even
167.3 days
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago7.30 bp23.1 bp −$2351.4 bp −$514364.4 bp −$36.4Kdoesn't fit
Sell KuCoin live order book, 5 min ago3.65 bp32.9 bp −$33178.2 bp −$1,782doesn'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
BloFin DYDX-USDTlong+0.0076%8h0.1363long leg$297K$12K75x
Lighter DYDX+0.0096%1h0.1364+0.110%$60K$48K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1363−0.004%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1364+0.073%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1362−0.081%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1364+0.081%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.13630.000%$386K$462K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1364+0.073%$2.9M$811K125xas long as short
KuCoin DYDXUSDTMshort+0.0100%8h0.1364+0.073%$2.3M$3.7M50x
Bitget DYDXUSDT+0.0100%8h0.1365+0.147%$1.4M$1.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1364+0.073%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1364+0.045%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1365+0.147%$50K3xas long as short
Hyperliquid DYDX+0.0124%1h0.1367+0.301%$2.1M$721K5xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.1371+0.587%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1363+0.026%$924100xas long as short
Arcus DYDX-USD+0.0248%1h0.1367+0.293%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0484%1h0.1364+0.073%25xas long as short
Kraken Futures PF_DYDXUSD+0.0659%1h0.1365+0.177%$309K$348K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1377+1.027%$17K$37K50xas long as short
dYdX DYDX-USD+0.3006%1h0.1363−0.018%$77K$2K5xas long as short