Funding you earn now, next payment 16:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.124%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1191.188% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.124%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.099% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DYDX_USDT | 0.1337 | 0.0064 | pay 0.0064% / 8h | 4h 50m | $358K | $371K | 75x |
| Short | Binance DYDXUSDT | 0.1339 | 0.0100 | get 0.0100% / 8h | 4h 50m | $5.2M | $7.4M | 75x |
Gate DYDX_USDT
Binance DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $7.56
- Price spread: +0.124% → +0.025%
- $9.87
- Slippage, 4 orders
- −$93.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.36
- Costs to cover
- 1.188%
- Break-even
- 100.9 days
Slippage from Gate: live order book, 53 min ago; Binance: live order book, 11 min ago.
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 Gate live order book, 53 min ago | 2.98 bp | 45.6 bp −$46 | 365.6 bp −$3,656 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.73 bp | 22.4 bp −$22 | 74.7 bp −$747 | 484.4 bp −$48.4K | doesn't fit |
DYDX on 21 exchanges
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 | −0.1214% | 1h | 0.1336 | −0.105% | $6K | $41K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1339 | +0.120% | — | — | 25x | as long as short |
| Gate DYDX_USDTlong | +0.0064% | 8h | 0.1337 | long leg | $358K | $371K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1339 | +0.120% | $59K | $29K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1341 | +0.269% | $2.0M | $691K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1338 | +0.051% | $5K | $10K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1339 | +0.124% | $5.2M | $7.4M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1338 | +0.060% | $4.6M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1339 | +0.097% | $2.1M | $2.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1341 | +0.269% | $51K | $21K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1338 | +0.045% | $2.9M | $667K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1339 | +0.120% | $2.3M | $3.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1339 | +0.120% | $1.3M | $717K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1339 | +0.120% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1338 | +0.011% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1339 | +0.155% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0123% | 8h | 0.1338 | +0.045% | $288K | $41K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0184% / S −0.0355% | 1h | 0.1339 | +0.142% | $689 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0185% | 1h | 0.1339 | +0.151% | $303K | $287K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0832% | 1h | 0.1344 | +0.493% | $16K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +0.5686% | 1h | 0.1339 | +0.138% | $76K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD