Funding you earn now, next payment 07:00 UTC−0.0386%/8h= −42.3% APRpaid last 24h —
Price spread now: KuCoin against Deribit+0.074%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. KuCoin is 0.074% dearer against Deribit than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1359 | 0.0486 | pay 0.0061% / 1h | 17m 36s | — | — | 25x |
| Short | KuCoin DYDXUSDTM | 0.1360 | 0.0100 | get 0.0100% / 8h | 1h 17m | $2.3M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$81.14
- Price spread: +0.074% → 0.000%
- $7.36
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$92.78
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 3.69 bp | 43.0 bp −$43 | 197.8 bp −$1,978 | 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 | −0.0045% | 1h | 0.1358 | −0.074% | $6K | $48K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0088% | 8h | 0.1356 | −0.221% | $292K | $17K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1359 | +0.037% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1361 | +0.118% | $2.0M | $726K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.049% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1359 | 0.000% | $5.3M | $8.1M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.096% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1359 | −0.007% | $2.1M | $3.0M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1358 | −0.074% | $380K | $435K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1358 | −0.074% | $2.9M | $790K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1360 | +0.074% | $2.3M | $3.5M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1360 | +0.074% | $1.4M | $920K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1359 | 0.000% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1358 | −0.099% | $1K | $117K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | +0.074% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1358 | −0.053% | $921 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1360 | +0.074% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0486% | 1h | 0.1359 | long leg | — | — | 25x | |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1361 | +0.147% | $17K | $28K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1028% | 1h | 0.1359 | +0.023% | $309K | $340K | 20x | as long as short |
| dYdX DYDX-USD | +0.5803% | 1h | 0.1358 | −0.076% | $77K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
KuCoin DYDXUSDTM
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
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD