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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h +0.339%
Price spread now: BingX against Injective+1.412%57s7-day average · you sell dearer than you buy
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 7 days+0.664%+$66 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BingX is 1.412% dearer against Injective than usual: you sell high and buy low (spread +1.412% now, against zero (this spread has no 7-day history yet)): +$141 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 53 days. Mind the row above: over the last 7 days funding on this pair paid +0.664%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DYDX/USDC PERP0.13460.0188pay 0.0024% / 1h0m 29s$6K$48K12x
ShortBingX DYDX-USDT0.13650.0100get 0.0100% / 8h7h 00m$3.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
−$18.58
Price spread: +1.412% → 0.000%
$141.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$112.56
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 9 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 Injective no order-book sample
Sell BingX live order book, 9 min ago7.32 bp30.8 bp −$3169.1 bp −$691361.6 bp −$36.2K660.3 bp −$330.2K
Injective: 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
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1365+1.412%25xas long as short
Lighter DYDX+0.0096%1h0.1365+1.441%$60K$49K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1366+1.516%$2.0M$709K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1365+1.377%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1365+1.412%$5.3M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1365+1.412%$4.8M$2.7M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1365+1.389%$2.1M$2.8M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1365+1.382%$367K$439K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1364+1.337%$2.9M$771K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1365+1.412%$2.3M$3.3M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1366+1.486%$1.4M$858K10xas long as short
BingX DYDX-USDTshort+0.0100%8h0.1365+1.412%$3.0M
Extended DYDX-USD+0.0104%1h0.1364+1.345%$3K$400K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1365+1.422%$50K3xas long as short
Arcus DYDX-USD+0.0117%1h0.1366+1.486%$52K$21K5xas long as short
BloFin DYDX-USDT+0.0122%8h0.1366+1.486%$293K$33K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1365+1.403%$926100xas long as short
Injective DYDX/USDC PERPlong+0.0188%1h0.1346long leg$6K$48K12x
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1369+1.709%$16K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1073%1h0.1367+1.537%$308K$298K20xas long as short
dYdX DYDX-USD+1.0338%1h0.1365+1.421%$78K$2K5xas long as short