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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin+0.181%73s7-day average +0.049% · you sell dearer than you buy
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−$1131.134% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 3 days (all we have)−0.749%−$75 · spread now +0.181%, 7d avg +0.049%
Together, before fees−0.785%−$78 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.132% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.049%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13820.0082pay 0.0082% / 8h3h 32m$301K$16K75x
ShortOKX DYDX-USDT-SWAP0.13840.0100get 0.0100% / 8h3h 32m$2.2M$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$3.68
Price spread: +0.181% → +0.049%
$13.23
Slippage, 4 orders
−$91.41
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$96.5
Costs to cover
1.134%
Break-even
190.5 days
Slippage from BloFin: live order book, 12 min ago; OKX: live order book, 1 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, 12 min ago3.63 bp12.0 bp −$1248.1 bp −$481311.0 bp −$31.1Kdoesn't fit
Sell OKX live order book, 1 min ago2.53 bp26.4 bp −$26doesn't fitdoesn'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−0.0172%1h0.1379−0.217%$6K$53K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1384+0.145%25xas long as short
BloFin DYDX-USDTlong+0.0082%8h0.1382long leg$301K$16K75x
Lighter DYDX+0.0096%1h0.1385+0.224%$63K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1387+0.384%$2.1M$729K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1384+0.170%$5K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1385+0.196%$5.2M$8.7M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384+0.123%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAPshort+0.0100%8h0.1384+0.181%$2.2M$3.5M20x
Arcus DYDX-USD+0.0100%1h0.1386+0.289%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1384+0.166%$405K$479K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1384+0.145%$3.4M$773K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1386+0.289%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1384+0.145%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1384+0.145%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1384+0.133%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1383+0.066%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1384+0.163%$939100xas long as short
Coinbase International DYDX-PERP-INTX+0.0944%1h0.1386+0.289%$17K$31K50xas long as short
Kraken Futures PF_DYDXUSD+0.1119%1h0.1386+0.317%$332K$322K20xas long as short
dYdX DYDX-USD+0.2638%1h0.1385+0.186%$79K$2K5xas long as short