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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Hyperliquid against Extended+0.287%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1151.148% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.287%, 7d avg +0.145%
Together, before fees−0.057%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$6 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: Hyperliquid is 0.142% dearer against Extended than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DYDX-USD0.13920.0104pay 0.0013% / 1h23m 41s$3K$109K10x
ShortHyperliquid DYDX0.13960.0100get 0.0013% / 1h23m 41s$2.1M$731K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.287% → +0.145%
$14.17
Slippage, 4 orders
−$100.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$101.52
Costs to cover
1.148%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; Hyperliquid: live order book, 7 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 ago7.25 bp36.5 bp −$36214.6 bp −$2,146doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.44 bp25.7 bp −$26doesn't fitdoesn't fitdoesn't fit

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−0.0395%1h0.1389−0.202%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1392+0.014%25xas long as short
Lighter DYDX+0.0096%1h0.1392+0.028%$63K$47K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1396+0.287%$2.1M$731K5x
Aster DYDXUSDT+0.0100%8h0.1393+0.088%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1392+0.014%$5.3M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1391−0.073%$4.7M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1393+0.049%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1394+0.157%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1391−0.030%$394K$490K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1392+0.014%$3.4M$825K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1393+0.085%$2.4M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1392+0.014%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1392+0.014%$8.0Mas long as short
BloFin DYDX-USDT+0.0102%8h0.1387−0.346%$302K$16K75xas long as short
Extended DYDX-USDlong+0.0104%1h0.1392long leg$3K$109K10x
Aevo DYDX-PERP+0.0104%1h0.1392+0.032%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1392+0.008%$944100xas long as short
Kraken Futures PF_DYDXUSD+0.0349%1h0.1393+0.116%$324K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1390−0.130%$17K$29K50xas long as short
dYdX DYDX-USD+0.2756%1h0.1392−0.019%$79K$2K5xas long as short