DYDX

Alert

Funding spread now, next payment 19:00 UTC+0.0426%/8h

next payment, per $10,000+$0.53paid, last 24h+0.084%paid, last 3 days−0.067%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.067% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DYDX	0.1368	0.0100	pay 0.0013% / 1h	8m 10s	$2.1M	$704K	5x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1365	L +0.0187% / S −0.0526%	get 0.0066% / 1h	8m 10s	$926	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersRate

Funding earned: $89.36
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $68.36
Break-even: 1.6 days

Slippage unknown: Hyperliquid: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.227%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 4 min ago	1.83 bp	16.9 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective DYDX/USDC PERP	−0.0134%	1h	$6K	$87K	12x	as long as short
Lighter DYDX	+0.0096%	1h	$62K	$46K	5x	as long as short
Hyperliquid DYDXlong	+0.0100%	1h	$2.1M	$704K	5x
Aster DYDXUSDT	+0.0100%	8h	$4K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	$5.2M	$8.4M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	$4.6M	$2.5M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	$2.2M	$3.4M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	$52K	$19K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	$388K	$467K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	$3.4M	$762K	125x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin DYDXUSDTM	+0.0100%	8h	$2.0M	$3.7M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	$1.3M	$1.2M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	—	$8.3M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0129%	8h	$306K	$16K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	$926	—	100x
Kraken Futures PF_DYDXUSD	+0.0302%	1h	$324K	$325K	20x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0483%	1h	—	—	25x	as long as short
Coinbase International DYDX-PERP-INTX	+0.1024%	1h	$17K	$32K	50x	as long as short
dYdX DYDX-USD	+0.2917%	1h	$78K	$2K	5x	as long as short