Funding you earn now, next payment 06:00 UTC−0.4633%/8h= −507.3% APRnext payment −$5.79 per $10,000 · paid last 24h −0.821%
Price spread now: Kraken Futures against dYdX+0.075%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.413%−$341 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.075% dearer against dYdX than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$139 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−3.413% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DYDX-USD | 0.1357 | 0.5661 | pay 0.0708% / 1h | 4m 33s | $77K | $2K | 5x |
| Short | Kraken Futures PF_DYDXUSD | 0.1358 | 0.1028 | get 0.0129% / 1h | 4m 33s | $310K | $355K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$972.87
- Price spread: +0.075% → 0.000%
- $7.5
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$985.37
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 43 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 43 min ago | 9.95 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0066% | 1h | 0.1355 | −0.115% | $6K | $49K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1357 | +0.040% | $60K | $48K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0099% | 8h | 0.1358 | +0.106% | $291K | $15K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1359 | +0.180% | $2.1M | $715K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1356 | −0.033% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1357 | +0.036% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1355 | −0.137% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1358 | +0.084% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1357 | +0.033% | $382K | $473K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1357 | +0.033% | $2.9M | $794K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1358 | +0.106% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1357 | +0.033% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1357 | +0.033% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1357 | +0.006% | $4K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1359 | +0.157% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1357 | +0.017% | $920 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0487% | 1h | 0.1357 | +0.033% | — | — | 25x | as long as short |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1359 | +0.180% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1361 | +0.328% | $17K | $34K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.1028% | 1h | 0.1358 | +0.075% | $310K | $355K | 20x | |
| dYdX DYDX-USDlong | +0.5661% | 1h | 0.1357 | long leg | $77K | $2K | 5x |
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX