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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0784%/8h= −85.8% APRnext payment $0.98 per $10,000 · paid last 24h −0.241%
Price spread now: Extended against Coinbase International−0.169%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Extended is 0.169% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 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-INTX0.13820.0888pay 0.0111% / 1h13m 58s$16K$29K50x
ShortExtended DYDX-USD0.13800.0104get 0.0013% / 1h13m 58s$3K$109K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$164.64
Price spread: −0.169% → 0.000%
−$16.94
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$196.58
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago7.26 bp33.6 bp −$34224.6 bp −$2,246doesn't fitdoesn'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−0.0316%1h0.1378−0.289%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1379−0.217%25xas long as short
Lighter DYDX+0.0096%1h0.1380−0.123%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1382+0.014%$2.1M$738K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1380−0.164%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1380−0.150%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1378−0.260%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1380−0.123%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.13820.000%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1379−0.224%$391K$473K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1380−0.145%$3.4M$870K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1380−0.145%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1380−0.145%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1379−0.217%$7.4Mas long as short
Extended DYDX-USDshort+0.0104%1h0.1380−0.169%$3K$109K10x
Aevo DYDX-PERP+0.0104%1h0.1380−0.133%$50K3xas long as short
BloFin DYDX-USDT+0.0122%8h0.1377−0.362%$297K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1379−0.207%$935100xas long as short
Kraken Futures PF_DYDXUSD+0.0573%1h0.1381−0.081%$315K$326K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0888%1h0.1382long leg$16K$29K50x
dYdX DYDX-USD+0.2642%1h0.1379−0.236%$78K$2K5xas long as short