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−0.0087%/8h= −9.5% APRpaid last 24h −0.021%
Price spread now: Binance against GMX−0.004%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DYDX/USD [WBTC.b-USDC]0.1376L +0.0187% / S −0.0526%pay 0.0023% / 1h1m 16s$933100x
ShortBinance DYDXUSDT0.13750.0100get 0.0100% / 8h2h 01m$5.2M$8.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GMX. 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
−$18.3
Price spread: −0.004% → 0.000%
−$0.44
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.74
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Binance live order book, 8 min ago3.62 bp19.3 bp −$1966.8 bp −$668573.6 bp −$57.4Kdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.979%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1375−0.039%25xas long as short
BloFin DYDX-USDT+0.0071%8h0.1376+0.034%$302K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1376+0.034%$62K$47K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1379+0.238%$2.1M$735K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1375−0.053%$6K$12K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1375−0.004%$5.2M$8.6M75x
Bybit DYDXUSDT+0.0100%8h0.1375−0.068%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1376+0.005%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1377+0.107%$52K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1374−0.097%$389K$491K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375−0.039%$3.4M$850K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.034%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1375−0.039%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1375−0.039%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1375−0.022%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1376+0.007%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]longL +0.0187% / S −0.0526%1h0.1376long leg$933100x
Kraken Futures PF_DYDXUSD+0.0353%1h0.1378+0.147%$320K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1379+0.252%$16K$29K50xas long as short
dYdX DYDX-USD+0.2982%1h0.1375−0.028%$78K$2K5xas long as short