Funding you earn now, next payment 02:00 UTC−0.0740%/8h= −81.0% APRnext payment −$0.93 per $10,000 · paid last 24h −0.240%
Price spread now: Arcus against Coinbase International+0.509%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Arcus is 0.509% dearer against Coinbase International than usual: you sell high and buy low (spread +0.509% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1375 | 0.0840 | pay 0.0105% / 1h | 56m 36s | $17K | $37K | 50x |
| Short | Arcus DYDX-USD | 0.1382 | 0.0100 | get 0.0013% / 1h | 56m 36s | $54K | $20K | 5x |
Coinbase International DYDX-PERP-INTX
Arcus DYDX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$155.4
- Price spread: +0.509% → 0.000%
- $50.91
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$118.99
- Costs to cover
- 0.145%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Arcus: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Coinbase International and Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DYDX on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0118% | 1h | 0.1372 | −0.218% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1378 | +0.247% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1380 | +0.335% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1376 | +0.083% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1378 | +0.254% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | +0.240% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | +0.400% | $2.2M | $3.3M | 20x | as long as short |
| Arcus DYDX-USDshort | +0.0100% | 1h | 0.1382 | +0.509% | $54K | $20K | 5x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1378 | +0.225% | $390K | $458K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | +0.291% | $3.1M | $809K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1380 | +0.364% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | +0.364% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1380 | +0.364% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1379 | +0.322% | $1K | $107K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1372 | −0.224% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1372 | −0.218% | $930 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1373 | −0.145% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0748% | 1h | 0.1373 | −0.147% | $311K | $351K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0840% | 1h | 0.1375 | long leg | $17K | $37K | 50x | |
| dYdX DYDX-USD | +0.2253% | 1h | 0.1378 | +0.252% | $78K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD