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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.207%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1281.280% 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 7 days−0.164%−$16 · spread now +0.207%, 7d avg +0.051%
Together, before fees−0.200%−$20 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: Binance is 0.156% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13710.0100pay 0.0100% / 8h3h 28m$4.6M$2.5M75x
ShortBinance DYDXUSDT0.13740.0100get 0.0100% / 8h3h 28m$5.3M$8.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.207% → +0.051%
$15.61
Slippage, 4 orders
−$107.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.41
Costs to cover
1.280%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 11 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 Bybit live order book, 4 min ago4.02 bp44.2 bp −$44205.6 bp −$2,056doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.65 bp23.7 bp −$2475.7 bp −$757474.1 bp −$47.4Kdoesn'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%1h0.1374+0.197%$61K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1377+0.401%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1375+0.304%$6K$12K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1374+0.207%$5.3M$8.3M75x
Bybit DYDXUSDTlong+0.0100%8h0.1371long leg$4.6M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1373+0.168%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1374+0.212%$393K$455K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1373+0.139%$2.9M$807K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.357%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1373+0.139%$1.4M$1.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1374+0.212%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1373+0.165%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1373+0.148%$50K3xas long as short
BloFin DYDX-USDT+0.0108%8h0.1376+0.357%$300K$12K75xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.1375+0.284%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1372+0.100%$931100xas long as short
Arcus DYDX-USD+0.0248%1h0.1377+0.430%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0478%1h0.1374+0.212%25xas long as short
Kraken Futures PF_DYDXUSD+0.0655%1h0.1374+0.217%$312K$353K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1379+0.576%$17K$37K50xas long as short
dYdX DYDX-USD+0.3048%1h0.1376+0.331%$78K$2K5xas long as short