Funding you earn now, next payment 16:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.142%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1121.119% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.142%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.132% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DYDX_USDT | 0.1338 | 0.0068 | pay 0.0068% / 8h | 4h 50m | $358K | $371K | 75x |
| Short | BingX DYDX-USDT | 0.1340 | 0.0100 | get 0.0100% / 8h | 4h 50m | — | $3.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $6.72
- Price spread: +0.142% → +0.010%
- $13.23
- Slippage, 4 orders
- −$86.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$91.97
- Costs to cover
- 1.119%
- Break-even
- 102.8 days
Slippage from Gate: live order book, 53 min ago; BingX: live order book, 8 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 BingX live order book, 8 min ago | 3.74 bp | 20.5 bp −$21 | 57.9 bp −$579 | 338.8 bp −$33.9K | 654.9 bp −$327.5K |
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 | −0.157% | $6K | $41K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1339 | +0.067% | — | — | 25x | as long as short |
| Gate DYDX_USDTlong | +0.0068% | 8h | 0.1338 | long leg | $358K | $371K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1339 | +0.067% | $59K | $29K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1343 | +0.374% | $2.0M | $691K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1339 | +0.050% | $5K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1340 | +0.107% | $5.2M | $7.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1337 | −0.067% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1338 | +0.022% | $2.1M | $2.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1341 | +0.217% | $51K | $21K | 5x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1339 | +0.067% | $2.9M | $667K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1340 | +0.142% | $2.3M | $3.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1340 | +0.142% | $1.3M | $715K | 10x | as long as short |
| BingX DYDX-USDTshort | +0.0100% | 8h | 0.1340 | +0.142% | — | $3.7M | — | |
| Extended DYDX-USD | +0.0104% | 1h | 0.1339 | +0.045% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1340 | +0.124% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0123% | 8h | 0.1338 | −0.007% | $288K | $41K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0184% / S −0.0355% | 1h | 0.1340 | +0.128% | $690 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0185% | 1h | 0.1339 | +0.099% | $303K | $287K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0832% | 1h | 0.1344 | +0.441% | $16K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +0.5680% | 1h | 0.1339 | +0.086% | $76K | $2K | 5x | as long as short |
Gate DYDX_USDT
BingX DYDX-USDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX