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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0892%/8h= −97.7% APRpaid last 24h −0.244%
Price spread now: Binance against Coinbase International−0.292%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Binance is 0.292% cheaper against Coinbase International than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13630.0992pay 0.0124% / 1h4m 35s$17K$28K50x
ShortBinance DYDXUSDT0.13590.0100get 0.0100% / 8h1h 04m$5.3M$8.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$187.32
Price spread: −0.292% → 0.000%
−$29.17
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$236.49
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Binance live order book, 4 min ago3.68 bp22.4 bp −$2274.8 bp −$748475.8 bp −$47.6Kdoesn't fit
Coinbase International: 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 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%1h0.1359−0.293%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1359−0.257%$60K$52K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1361−0.139%$2.0M$723K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1359−0.275%$6K$10K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1359−0.292%$5.3M$8.0M75x
Bybit DYDXUSDT+0.0100%8h0.1359−0.308%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1359−0.271%$2.1M$3.0M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1359−0.257%$379K$439K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1359−0.293%$2.9M$792K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1360−0.220%$2.3M$3.5M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1359−0.293%$1.4M$909K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1359−0.293%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1359−0.321%$1K$114K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1360−0.244%$49K3xas long as short
BloFin DYDX-USDT+0.0125%8h0.1360−0.220%$292K$17K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1358−0.332%$922100xas long as short
Arcus DYDX-USD+0.0239%1h0.1359−0.293%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0486%1h0.1360−0.220%25xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0992%1h0.1363long leg$17K$28K50x
Kraken Futures PF_DYDXUSD+0.1028%1h0.1360−0.239%$309K$329K20xas long as short
dYdX DYDX-USD+0.6048%1h0.1360−0.232%$77K$2K5xas long as short