Funding you earn now, next payment 06:00 UTC−0.0389%/8h= −42.6% APRpaid last 24h —
Price spread now: Bitget against Deribit−0.074%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.074% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1355 | 0.0489 | pay 0.0061% / 1h | 13m 31s | — | — | 25x |
| Short | Bitget DYDXUSDT | 0.1354 | 0.0100 | get 0.0100% / 8h | 2h 13m | $1.4M | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$81.64
- Price spread: −0.074% → 0.000%
- −$7.38
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$108.02
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 3.70 bp | 24.4 bp −$24 | 105.9 bp −$1,059 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0066% | 1h | 0.1353 | −0.148% | $6K | $49K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1355 | −0.022% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1355 | +0.022% | $2.1M | $714K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1355 | +0.002% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.068% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.207% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | −0.125% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.170% | $380K | $473K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.148% | $2.9M | $794K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | −0.074% | $2.3M | $3.7M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDTshort | +0.0100% | 8h | 0.1354 | −0.074% | $1.4M | $1.0M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1354 | −0.074% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1354 | −0.068% | $3K | $117K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1354 | −0.083% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0110% | 8h | 0.1355 | 0.000% | $293K | $15K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1353 | −0.163% | $917 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0489% | 1h | 0.1355 | long leg | — | — | 25x | |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1355 | 0.000% | $52K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1359 | +0.295% | $17K | $34K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1029% | 1h | 0.1356 | +0.089% | $310K | $355K | 20x | as long as short |
| dYdX DYDX-USD | +0.5838% | 1h | 0.1354 | −0.061% | $77K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Bitget DYDXUSDT
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD