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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.4938%/8h= +540.7% APRnext payment +$6.17 per $10,000 · paid last 24h
Price spread now: Injective against Deribit+1.407%63s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$148 a day on $10k at the current rate, and Injective is 1.407% dearer against Deribit than usual: you sell high and buy low: +$141 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DYDX_USDC-PERPETUAL0.13500get 0.0000% / 1h56m 13s25x
ShortInjective DYDX/USDC PERP0.13690.4938get 0.0617% / 1h56m 13s$6K$48K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$1,036.9
Price spread: +1.407% → 0.000%
$140.74
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,170.62
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Deribit and Injective: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit DYDX_USDC-PERPETUALlong0.0000%1h0.1350long leg25x
Lighter DYDX+0.0096%1h0.1351+0.089%$60K$39K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1352+0.178%$2.0M$705K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1351+0.107%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1351+0.074%$5.2M$7.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1350−0.007%$4.7M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1350−0.030%$2.1M$2.6M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1353+0.222%$51K$21K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1349−0.081%$360K$421K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1351+0.074%$3.0M$717K125xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1351+0.074%$2.3M$3.2M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13500.000%$1.4M$762K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1351+0.074%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1349−0.069%$1K$394K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1350−0.024%$49K3xas long as short
BloFin DYDX-USDT+0.0128%8h0.1356+0.444%$292K$32K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1350+0.007%$915100xas long as short
Kraken Futures PF_DYDXUSD+0.0687%1h0.1351+0.081%$306K$290K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0944%1h0.1360+0.741%$16K$25K50xas long as short
dYdX DYDX-USD+0.3966%1h0.1354+0.303%$77K$2K5xas long as short
Injective DYDX/USDC PERPshort+0.4938%1h0.1369+1.407%$6K$48K12x