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: KuCoin against Bybit+0.147%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.174%−$17 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.147%, 7d avg +0.075%
Together, before fees−0.292%−$29 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: KuCoin is 0.072% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13570.0100pay 0.0100% / 8h1h 15m$4.7M$2.5M75x
ShortKuCoin DYDXUSDTM0.13590.0100get 0.0100% / 8h1h 15m$2.3M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.147% → +0.075%
$7.2
Slippage, 4 orders
−$127.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$143.16
Costs to cover
1.504%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago3.68 bp36.4 bp −$36241.7 bp −$2,417doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.68 bp31.3 bp −$31188.2 bp −$1,882doesn'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−0.0045%1h0.1358+0.074%$6K$48K12xas long as short
BloFin DYDX-USDT+0.0073%8h0.1359+0.147%$292K$17K75xas long as short
Lighter DYDX+0.0096%1h0.1358+0.096%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1360+0.214%$2.0M$726K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1358+0.050%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1358+0.074%$5.3M$8.1M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1357long leg$4.7M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1359+0.118%$2.1M$3.0M20xas long as short
Gate DYDX_USDT+0.0100%8h0.13570.000%$377K$437K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1358+0.074%$2.9M$791K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTMshort+0.0100%8h0.1359+0.147%$2.3M$3.5M50x
Bitget DYDXUSDT+0.0100%8h0.1359+0.147%$1.4M$919K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1358+0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1358+0.046%$1K$117K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1360+0.200%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1357+0.018%$921100xas long as short
Arcus DYDX-USD+0.0239%1h0.1360+0.221%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0487%1h0.1358+0.074%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1361+0.295%$17K$28K50xas long as short
Kraken Futures PF_DYDXUSD+0.1028%1h0.1359+0.181%$309K$340K20xas long as short
dYdX DYDX-USD+0.5841%1h0.1357−0.003%$77K$2K5xas long as short