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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0644%/8h= +70.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.571%
Price spread now: GMX against Injective+0.540%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and GMX is 0.540% dearer against Injective than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet). 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 PERP0.1368−0.0118get 0.0015% / 1h7m 51s$6K$52K12x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1375L +0.0187% / S −0.0526%get 0.0066% / 1h7m 51s$933100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$135.22
Price spread: +0.540% → 0.000%
$54.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$177.22
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Injective and 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 PERPlong−0.0118%1h0.1368long leg$6K$52K12x
Lighter DYDX+0.0096%1h0.1376+0.585%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1378+0.731%$2.1M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1376+0.612%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1376+0.574%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1373+0.395%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1375+0.497%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378+0.731%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375+0.526%$388K$474K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375+0.512%$3.0M$812K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1376+0.585%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1376+0.585%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1376+0.585%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1376+0.558%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1377+0.685%$50K3xas long as short
BloFin DYDX-USDT+0.0120%8h0.1379+0.804%$300K$12K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1375+0.540%$933100x
Deribit DYDX_USDC-PERPETUAL+0.0477%1h0.1377+0.658%25xas long as short
Kraken Futures PF_DYDXUSD+0.0745%1h0.1378+0.698%$311K$353K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1380+0.877%$17K$37K50xas long as short
dYdX DYDX-USD+0.3011%1h0.1377+0.653%$78K$2K5xas long as short