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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0379%/8h= −41.5% APRnext payment $0.47 per $10,000 · paid last 24h
Price spread now: Deribit against Coinbase International−0.290%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 7 daysno 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 −$11 a day on $10k at the current rate, and Deribit is 0.290% 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-INTX0.13800.0856pay 0.0107% / 1h20m 48s$17K$37K50x
ShortDeribit DYDX_USDC-PERPETUAL0.13760.0477get 0.0060% / 1h20m 48s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$79.53
Price spread: −0.290% → 0.000%
−$28.99
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$125.52
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Deribit no order-book sample
Coinbase International and Deribit: 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−0.0539%1h0.1376−0.290%$6K$52K12xas long as short
BloFin DYDX-USDT+0.0079%8h0.1377−0.217%$298K$12K75xas long as short
Lighter DYDX+0.0096%1h0.1371−0.645%$61K$49K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1373−0.471%$2.1M$721K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1371−0.646%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1371−0.681%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1368−0.877%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1370−0.732%$2.1M$3.3M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1371−0.681%$387K$476K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1371−0.652%$2.9M$809K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1373−0.507%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1371−0.652%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1371−0.652%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1372−0.594%$1K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375−0.362%$50K3xas long as short
Arcus DYDX-USD+0.0162%1h0.1377−0.217%$53K$20K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375−0.344%$933100xas long as short
Deribit DYDX_USDC-PERPETUALshort+0.0477%1h0.1376−0.290%25x
Kraken Futures PF_DYDXUSD+0.0553%1h0.1377−0.244%$310K$352K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0856%1h0.1380long leg$17K$37K50x
dYdX DYDX-USD+0.2866%1h0.1370−0.758%$78K$2K5xas long as short