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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.096%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1531.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.096%, 7d avg −0.032%
Together, before fees+0.083%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.065% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DYDX-USD0.13750.0104pay 0.0013% / 1h4m 50s$1K$107K10x
ShortBybit DYDXUSDT0.13740.0100get 0.0100% / 8h6h 04m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: −0.096% → −0.032%
−$6.45
Slippage, 4 orders
−$137.25
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$160.54
Costs to cover
1.533%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 61 min ago7.58 bp40.1 bp −$40214.3 bp −$2,143doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.01 bp38.2 bp −$38240.5 bp −$2,405doesn't fitdoesn't fit

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−0.0133%1h0.1374−0.082%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1376+0.028%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1379+0.282%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1376+0.073%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1376+0.064%$5.3M$8.3M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1374−0.096%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1375−0.009%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1377+0.137%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375−0.016%$390K$464K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375−0.009%$3.1M$830K125xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.064%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1375−0.009%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1375−0.009%$3.0Mas long as short
Extended DYDX-USDlong+0.0104%1h0.1375long leg$1K$107K10x
Aevo DYDX-PERP+0.0104%1h0.1375−0.028%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375−0.027%$932100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0477%1h0.1376+0.064%25xas long as short
Kraken Futures PF_DYDXUSD+0.0509%1h0.1377+0.107%$312K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0704%1h0.1379+0.282%$17K$38K50xas long as short
dYdX DYDX-USD+0.2517%1h0.1375+0.018%$78K$2K5xas long as short