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+0.0100%/8h= +10.9% APRpaid last 24h
Price spread now: MEXC against Deribit−0.075%52s7-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
Funding pays, the price is against you. MEXC is 0.075% cheaper against Deribit than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DYDX_USDC-PERPETUAL0.13410get 0.0000% / 1h5m 32s25x
ShortMEXC DYDX_USDT0.13400.0100get 0.0100% / 8h5h 05m$2.9M$742K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$21
Price spread: −0.075% → 0.000%
−$7.46
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 2 bp × 2 orders
−$4
Net
$2.54
Costs to cover
0.110%
Break-even
6.2 days
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago3.74 bp7.1 bp −$737.9 bp −$379154.3 bp −$15.4K395.4 bp −$197.7K
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 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%1h0.1341long leg25x
BloFin DYDX-USDT+0.0083%8h0.1342+0.075%$288K$42K75xas long as short
Lighter DYDX+0.0096%1h0.1341+0.015%$59K$39K5xas long as short
Gate DYDX_USDT+0.0098%8h0.1340−0.112%$360K$434K75xas long as short
Hyperliquid DYDX+0.0100%1h0.1343+0.142%$2.0M$694K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1340−0.091%$5K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1340−0.075%$5.2M$7.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1340−0.089%$4.7M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1341−0.037%$2.1M$2.6M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1343+0.149%$51K$21K5xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDTshort+0.0100%8h0.1340−0.075%$2.9M$742K125x
KuCoin DYDXUSDTM+0.0100%8h0.1342+0.075%$2.3M$3.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13410.000%$1.3M$730K10xas long as short
BingX DYDX-USDT+0.0100%8h0.13410.000%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1340−0.071%$3K$397K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1341+0.007%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0184% / S −0.0355%1h0.1341+0.004%$690100xas long as short
Kraken Futures PF_DYDXUSD+0.0692%1h0.1342+0.053%$303K$290K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0944%1h0.1344+0.224%$16K$26K50xas long as short
dYdX DYDX-USD+0.4719%1h0.1341−0.012%$76K$2K5xas long as short
Injective DYDX/USDC PERP+0.4938%1h0.1324−1.268%$6K$48K12xas long as short