Funding you earn now, next payment 04:00 UTC−0.0373%/8h= −40.9% APRnext payment −$0.47 per $10,000 · paid last 24h —
Price spread now: Extended against Deribit−0.305%7-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
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Extended is 0.305% cheaper against Deribit than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1376 | 0.0477 | pay 0.0060% / 1h | 20m 41s | — | — | 25x |
| Short | Extended DYDX-USD | 0.1372 | 0.0104 | get 0.0013% / 1h | 20m 41s | $1K | $110K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$78.39
- Price spread: −0.305% → 0.000%
- −$30.47
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$120.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 35 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 Extended live order book, 35 min ago | 7.30 bp | 33.9 bp −$34 | 228.2 bp −$2,282 | 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 | −0.0539% | 1h | 0.1376 | 0.000% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0079% | 8h | 0.1377 | +0.073% | $298K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1371 | −0.356% | $61K | $49K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | −0.182% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.357% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.392% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1368 | −0.589% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1370 | −0.443% | $2.1M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1371 | −0.392% | $387K | $476K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1371 | −0.363% | $2.9M | $809K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1373 | −0.218% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.363% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1371 | −0.363% | — | $3.0M | — | as long as short |
| Extended DYDX-USDshort | +0.0104% | 1h | 0.1372 | −0.305% | $1K | $110K | 10x | |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1375 | −0.073% | $50K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0162% | 1h | 0.1377 | +0.073% | $53K | $20K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1375 | −0.055% | $933 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0477% | 1h | 0.1376 | long leg | — | — | 25x | |
| Kraken Futures PF_DYDXUSD | +0.0553% | 1h | 0.1377 | +0.046% | $310K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0856% | 1h | 0.1380 | +0.291% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2866% | 1h | 0.1370 | −0.469% | $78K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Extended DYDX-USD
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX