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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 daysno 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 −$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DYDX_USDC-PERPETUAL0.13550.0489pay 0.0061% / 1h13m 31s25x
ShortBitget DYDXUSDT0.13540.0100get 0.0100% / 8h2h 13m$1.4M$1.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Bitget live order book, 3 min ago3.70 bp24.4 bp −$24105.9 bp −$1,059doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0066%1h0.1353−0.148%$6K$49K12xas long as short
Lighter DYDX+0.0096%1h0.1355−0.022%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1355+0.022%$2.1M$714K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1355+0.002%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1354−0.068%$5.3M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1352−0.207%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353−0.125%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1353−0.170%$380K$473K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1353−0.148%$2.9M$794K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1354−0.074%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDTshort+0.0100%8h0.1354−0.074%$1.4M$1.0M10x
BingX DYDX-USDT+0.0100%8h0.1354−0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1354−0.068%$3K$117K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1354−0.083%$49K3xas long as short
BloFin DYDX-USDT+0.0110%8h0.13550.000%$293K$15K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.163%$917100xas long as short
Deribit DYDX_USDC-PERPETUALlong+0.0489%1h0.1355long leg25x
Arcus DYDX-USD+0.0562%1h0.13550.000%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1359+0.295%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1029%1h0.1356+0.089%$310K$355K20xas long as short
dYdX DYDX-USD+0.5838%1h0.1354−0.061%$77K$2K5xas long as short