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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1341 | 0 | get 0.0000% / 1h | 5m 32s | — | — | 25x |
| Short | MEXC DYDX_USDT | 0.1340 | 0.0100 | get 0.0100% / 8h | 5h 05m | $2.9M | $742K | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 3.74 bp | 7.1 bp −$7 | 37.9 bp −$379 | 154.3 bp −$15.4K | 395.4 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUALlong | 0.0000% | 1h | 0.1341 | long leg | — | — | 25x | |
| BloFin DYDX-USDT | +0.0083% | 8h | 0.1342 | +0.075% | $288K | $42K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1341 | +0.015% | $59K | $39K | 5x | as long as short |
| Gate DYDX_USDT | +0.0098% | 8h | 0.1340 | −0.112% | $360K | $434K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1343 | +0.142% | $2.0M | $694K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1340 | −0.091% | $5K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1340 | −0.075% | $5.2M | $7.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1340 | −0.089% | $4.7M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1341 | −0.037% | $2.1M | $2.6M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1343 | +0.149% | $51K | $21K | 5x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1340 | −0.075% | $2.9M | $742K | 125x | |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1342 | +0.075% | $2.3M | $3.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1341 | 0.000% | $1.3M | $730K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1341 | 0.000% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1340 | −0.071% | $3K | $397K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1341 | +0.007% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0184% / S −0.0355% | 1h | 0.1341 | +0.004% | $690 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0692% | 1h | 0.1342 | +0.053% | $303K | $290K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0944% | 1h | 0.1344 | +0.224% | $16K | $26K | 50x | as long as short |
| dYdX DYDX-USD | +0.4719% | 1h | 0.1341 | −0.012% | $76K | $2K | 5x | as long as short |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1324 | −1.268% | $6K | $48K | 12x | as long as short |
Deribit DYDX_USDC-PERPETUAL
MEXC DYDX_USDT
BloFin DYDX-USDT
Lighter DYDX
Gate DYDX_USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
Injective DYDX/USDC PERP