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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−3.413%−$341 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYDX-USD0.13570.5661pay 0.0708% / 1h4m 33s$77K$2K5x
ShortKraken Futures PF_DYDXUSD0.13580.1028get 0.0129% / 1h4m 33s$310K$355K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures live order book, 43 min ago9.95 bp37.1 bp −$37doesn'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−0.0066%1h0.1355−0.115%$6K$49K12xas long as short
Lighter DYDX+0.0096%1h0.1357+0.040%$60K$48K5xas long as short
BloFin DYDX-USDT+0.0099%8h0.1358+0.106%$291K$15K75xas long as short
Hyperliquid DYDX+0.0100%1h0.1359+0.180%$2.1M$715K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1356−0.033%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1357+0.036%$5.3M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1355−0.137%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1358+0.084%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1357+0.033%$382K$473K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1357+0.033%$2.9M$794K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1358+0.106%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1357+0.033%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1357+0.033%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1357+0.006%$4K$122K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1359+0.157%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1357+0.017%$920100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0487%1h0.1357+0.033%25xas long as short
Arcus DYDX-USD+0.0562%1h0.1359+0.180%$53K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1361+0.328%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSDshort+0.1028%1h0.1358+0.075%$310K$355K20x
dYdX DYDX-USDlong+0.5661%1h0.1357long leg$77K$2K5x