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
Funding, last 5 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. 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1349 | 0.1000 | pay 0.0125% / 1h | 52m 27s | $17K | $27K | 50x |
| Short | MEXC DYDX_USDT | 0.1352 | 0.0100 | get 0.0100% / 8h | 52m 27s | $2.9M | $779K | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 3.70 bp | 10.2 bp −$10 | 38.2 bp −$382 | 144.2 bp −$14.4K | 374.7 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0058% | 1h | 0.1354 | +0.371% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1351 | +0.148% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1354 | +0.371% | $60K | $50K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1355 | +0.452% | $2.0M | $718K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1354 | +0.373% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.297% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.282% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | +0.334% | $2.1M | $3.0M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1355 | +0.445% | $52K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1354 | +0.356% | $378K | $426K | 75x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1352 | +0.222% | $2.9M | $779K | 125x | |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | +0.371% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.297% | $1.4M | $897K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1353 | +0.297% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1352 | +0.227% | $2K | $182K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | +0.102% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0119% | 8h | 0.1355 | +0.445% | $293K | $29K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1351 | +0.144% | $917 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0850% | 1h | 0.1352 | +0.246% | $306K | $320K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.1000% | 1h | 0.1349 | long leg | $17K | $27K | 50x | |
| dYdX DYDX-USD | +0.8002% | 1h | 0.1353 | +0.277% | $77K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
MEXC DYDX_USDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD