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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.007%7-day average −0.044% · 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−$115as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.007%, 7d avg −0.044%
Together, before fees+0.047%+$5 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 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DYDX_USDT0.13480.0100pay 0.0100% / 8h7h 53m$368K$427K75x
ShortBybit DYDXUSDT0.13480.0100get 0.0100% / 8h7h 53m$4.7M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
Price spread: +0.007% → −0.044%
$5.1
Slippage, 4 orders
−$94.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$115.22
Costs to cover
1.203%
Break-even
never at this rate
Slippage from Gate: live order book, 42 min ago; Bybit: live order book, 5 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 Gate live order book, 42 min ago3.71 bp36.5 bp −$37371.2 bp −$3,712doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.37 bp27.9 bp −$28200.4 bp −$2,004doesn'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
Lighter DYDX+0.0096%1h0.1350+0.156%$60K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1350+0.200%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1349+0.060%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1349+0.096%$5.2M$7.8M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1348+0.007%$4.7M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1348+0.052%$2.1M$2.9M20xas long as short
Gate DYDX_USDTlong+0.0100%8h0.1348long leg$368K$427K75x
MEXC DYDX_USDT+0.0100%8h0.1348+0.022%$2.8M$747K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1349+0.096%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1347−0.052%$1.4M$877K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1348+0.022%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1349+0.069%$4K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1350+0.171%$49K3xas long as short
Arcus DYDX-USD+0.0117%1h0.1350+0.171%$51K$21K5xas long as short
BloFin DYDX-USDT+0.0126%8h0.1345−0.200%$292K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1349+0.077%$915100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1347−0.052%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0491%1h0.1350+0.171%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1353+0.393%$17K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1086%1h0.1350+0.194%$304K$303K20xas long as short
dYdX DYDX-USD+0.6495%1h0.1346−0.092%$77K$2K5xas long as short