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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1959%/8h= −214.5% APRpaid last 24h −0.892%
Price spread now: Bybit against dYdX−0.230%7-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 days−3.739%−$374 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Bybit is 0.230% cheaper against dYdX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYDX-USD0.13760.2059pay 0.0257% / 1h58m 22s$78K$2K5x
ShortBybit DYDXUSDT0.13730.0100get 0.0100% / 8h5h 58m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against dYdX. 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
−$411.39
Price spread: −0.230% → 0.000%
−$23.01
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$455.4
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 4 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 dYdX no order-book sample
Sell Bybit live order book, 4 min ago3.64 bp40.1 bp −$40209.5 bp −$2,095doesn't fitdoesn't fit
dYdX: 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 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0118%1h0.1377+0.090%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1375−0.056%25xas long as short
Lighter DYDX+0.0096%1h0.1376+0.046%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1377+0.061%$2.1M$721K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1376+0.022%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1375−0.085%$5.3M$8.3M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1373−0.230%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1374−0.136%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378+0.162%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375−0.085%$390K$456K75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1374−0.128%$3.0M$809K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.017%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1375−0.056%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1374−0.128%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1377+0.055%$1K$107K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375−0.056%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1373−0.176%$931100xas long as short
Kraken Futures PF_DYDXUSD+0.0746%1h0.1377+0.076%$312K$351K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1379+0.235%$17K$38K50xas long as short
dYdX DYDX-USDlong+0.2059%1h0.1376long leg$78K$2K5x