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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.2483%/8h= −271.9% APRnext payment $3.10 per $10,000 · paid last 24h −0.874%
Price spread now: Hyperliquid against dYdX+0.132%7-day average · you sell dearer than you buy
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−3.706%−$371 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.132% dearer against dYdX than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$74 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYDX-USD0.13910.2583pay 0.0323% / 1h7m 21s$79K$2K5x
ShortHyperliquid DYDX0.13920.0100get 0.0013% / 1h7m 21s$2.1M$733K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$521.42
Price spread: +0.132% → 0.000%
$13.21
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$527.22
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Hyperliquid: 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 Hyperliquid live order book, 4 min ago1.08 bpdoesn't fitdoesn't fitdoesn'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 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−0.0214%1h0.1390−0.041%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1390−0.041%25xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1392+0.129%$314K$334K20xas long as short
Lighter DYDX+0.0096%1h0.1391+0.010%$62K$48K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1392+0.132%$2.1M$733K5x
Aster DYDXUSDT+0.0100%8h0.1390−0.032%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1390−0.041%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1390−0.069%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1390−0.026%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1391+0.031%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1390−0.055%$385K$462K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1390−0.041%$3.1M$918K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1392+0.103%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1390−0.041%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1391+0.031%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1390−0.066%$3K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.041%$50K3xas long as short
BloFin DYDX-USDT+0.0115%8h0.1389−0.112%$298K$11K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1389−0.112%$942100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394+0.247%$18K$31K50xas long as short
dYdX DYDX-USDlong+0.2583%1h0.1391long leg$79K$2K5x