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: OKX against Coinbase International−0.902%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 OKX is 0.902% cheaper against Coinbase International than usual: you would sell low and buy high (−$90 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-INTX0.13630.1000pay 0.0125% / 1h37m 33s$17K$27K50x
ShortOKX DYDX-USDT-SWAP0.13510.0100get 0.0100% / 8h37m 33s$2.1M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.902% → 0.000%
−$90.24
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$299.24
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; OKX: 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 OKX live order book, 5 min ago2.58 bp26.2 bp −$26doesn't fitdoesn'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−0.0058%1h0.1353−0.734%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1351−0.880%25xas long as short
Lighter DYDX+0.0096%1h0.1352−0.836%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1353−0.756%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1352−0.794%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1351−0.880%$5.2M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1350−0.932%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAPshort+0.0100%8h0.1351−0.902%$2.1M$2.9M20x
Arcus DYDX-USD+0.0100%1h0.1353−0.734%$52K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1352−0.807%$377K$427K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1351−0.880%$2.9M$781K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1352−0.807%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1351−0.880%$1.4M$896K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1351−0.880%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1351−0.907%$1K$404K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.858%$49K3xas long as short
BloFin DYDX-USDT+0.0123%8h0.1357−0.440%$291K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1350−0.970%$916100xas long as short
Kraken Futures PF_DYDXUSD+0.0850%1h0.1352−0.784%$306K$321K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.1000%1h0.1363long leg$17K$27K50x
dYdX DYDX-USD+0.7394%1h0.1350−0.921%$77K$2K5xas long as short