Funding you earn now, next payment 11:00 UTC−0.0697%/8h= −76.3% APRnext payment −$0.87 per $10,000 · paid last 24h —
Price spread now: Deribit against Kraken Futures−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.067% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1332 | 0.0697 | pay 0.0087% / 1h | 27m 31s | $304K | $292K | 20x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1331 | 0 | get 0.0000% / 1h | 27m 31s | — | — | 25x |
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$146.38
- Price spread: −0.067% → 0.000%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$170.07
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 18 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 18 min ago | 7.43 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1331 | −0.067% | — | — | 25x | |
| Lighter DYDX | +0.0096% | 1h | 0.1331 | −0.044% | $59K | $39K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1332 | +0.038% | $2.0M | $699K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1331 | −0.100% | $5K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1331 | −0.031% | $5.1M | $7.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1331 | −0.082% | $4.6M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1332 | −0.007% | $2.1M | $2.6M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1332 | +0.008% | $50K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1329 | −0.187% | $358K | $431K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1330 | −0.142% | $2.9M | $739K | 125x | as long as short |
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1331 | −0.067% | $2.3M | $3.2M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1331 | −0.067% | $1.3M | $738K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1331 | −0.067% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1330 | −0.108% | $3K | $400K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1330 | −0.107% | $48K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0108% | 8h | 0.1330 | −0.142% | $289K | $41K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0184% / S −0.0355% | 1h | 0.1330 | −0.152% | $684 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0697% | 1h | 0.1332 | long leg | $304K | $292K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0944% | 1h | 0.1326 | −0.442% | $16K | $26K | 50x | as long as short |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1324 | −0.593% | $6K | $48K | 12x | as long as short |
| dYdX DYDX-USD | +0.5212% | 1h | 0.1332 | +0.014% | $76K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
Injective DYDX/USDC PERP
dYdX DYDX-USD