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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.8757%/8h= −958.9% APRnext payment $10.95 per $10,000 · paid last 24h −0.885%
Price spread now: GMX against dYdX−0.092%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 3 days (all we have)no history yet
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 −$263 a day on $10k at the current rate, and GMX is 0.092% cheaper against dYdX than usual: you would sell low and buy high (−$9 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-USD0.13470.9283pay 0.1160% / 1h11m 02s$77K$2K5x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1346L +0.0187% / S −0.0526%get 0.0066% / 1h11m 02s$913100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$1,838.99
Price spread: −0.092% → 0.000%
−$9.21
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1,870.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0058%1h0.1347−0.010%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1347−0.010%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1349+0.109%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1347−0.026%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1347−0.010%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1345−0.158%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1347+0.005%$2.1M$2.9M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1349+0.139%$51K$21K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1346−0.084%$375K$431K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1345−0.158%$2.8M$784K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1347−0.010%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1347−0.010%$1.4M$876K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1346−0.084%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1346−0.086%$1K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1348+0.102%$49K3xas long as short
BloFin DYDX-USDT+0.0121%8h0.1348+0.065%$291K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1346−0.092%$913100x
Deribit DYDX_USDC-PERPETUAL+0.0493%1h0.1346−0.084%25xas long as short
Kraken Futures PF_DYDXUSD+0.0853%1h0.1348+0.032%$303K$303K20xas long as short
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1353+0.436%$17K$26K50xas long as short
dYdX DYDX-USDlong+0.9283%1h0.1347long leg$77K$2K5x