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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.452%
Price spread now: MEXC against Injective−0.148%100s7-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 7 days+0.623%+$62 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. MEXC is 0.148% cheaper against Injective than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.623% in total) that is about 40 hours. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DYDX/USDC PERP0.1354−0.0045get 0.0006% / 1h49m 31s$6K$48K12x
ShortMEXC DYDX_USDT0.13520.0100get 0.0100% / 8h1h 49m$2.9M$788K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$30.53
Price spread: −0.148% → 0.000%
−$14.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 2 bp × 2 orders
−$4
Net
$11.74
Costs to cover
0.040%
Break-even
4.3 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago3.70 bp9.3 bp −$938.2 bp −$382157.6 bp −$15.8K360.7 bp −$180.4K
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
Injective DYDX/USDC PERPlong−0.0045%1h0.1354long leg$6K$48K12x
Lighter DYDX+0.0096%1h0.1353−0.074%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1355+0.066%$2.1M$712K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1354+0.016%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353−0.074%$5.3M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1351−0.229%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353−0.081%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1352−0.140%$380K$430K75xas long as short
MEXC DYDX_USDTshort+0.0100%8h0.1352−0.148%$2.9M$788K125x
KuCoin DYDXUSDTM+0.0100%8h0.1353−0.074%$2.3M$3.6M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1353−0.074%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.13540.000%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1353−0.091%$4K$118K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.208%$49K3xas long as short
BloFin DYDX-USDT+0.0112%8h0.1353−0.074%$294K$15K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1353−0.095%$917100xas long as short
Arcus DYDX-USD+0.0239%1h0.13540.000%$52K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0490%1h0.1353−0.074%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1360+0.443%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1031%1h0.1355+0.061%$309K$353K20xas long as short
dYdX DYDX-USD+0.4705%1h0.1353−0.082%$77K$2K5xas long as short