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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h −0.244%
Price spread now: MEXC against Coinbase International+0.222%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. MEXC is 0.222% dearer against Coinbase International than usual: you sell high and buy low (spread +0.222% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13490.1000pay 0.0125% / 1h52m 27s$17K$27K50x
ShortMEXC DYDX_USDT0.13520.0100get 0.0100% / 8h52m 27s$2.9M$779K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$189
Price spread: +0.222% → 0.000%
$22.24
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$180.76
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago3.70 bp10.2 bp −$1038.2 bp −$382144.2 bp −$14.4K374.7 bp −$187.4K
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−0.0058%1h0.1354+0.371%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1351+0.148%25xas long as short
Lighter DYDX+0.0096%1h0.1354+0.371%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1355+0.452%$2.0M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1354+0.373%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353+0.297%$5.2M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1353+0.282%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353+0.334%$2.1M$3.0M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1355+0.445%$52K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1354+0.356%$378K$426K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDTshort+0.0100%8h0.1352+0.222%$2.9M$779K125x
KuCoin DYDXUSDTM+0.0100%8h0.1354+0.371%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1353+0.297%$1.4M$897K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1353+0.297%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1352+0.227%$2K$182K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1350+0.102%$49K3xas long as short
BloFin DYDX-USDT+0.0119%8h0.1355+0.445%$293K$29K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1351+0.144%$917100xas long as short
Kraken Futures PF_DYDXUSD+0.0850%1h0.1352+0.246%$306K$320K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.1000%1h0.1349long leg$17K$27K50x
dYdX DYDX-USD+0.8002%1h0.1353+0.277%$77K$2K5xas long as short