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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.080%
Price spread now: Extended against Kraken Futures−0.092%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.449%−$45 on $10k
Price spread, last 3 days (all we have)−0.248%−$25 · spread now −0.092%, 7d avg −0.168%
Together, before fees−0.697%+ Points / potential airdropExtended: Active · farm board−$70 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.076% dearer against Kraken Futures than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.168%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DYDXUSD0.13870.0095pay 0.0012% / 1h50m 54s$312K$332K20x
ShortExtended DYDX-USD0.13860.0104get 0.0013% / 1h50m 54s$3K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.79
Price spread: −0.092% → −0.168%
$7.61
Slippage, 4 orders
−$109.3
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$114.9
Costs to cover
1.243%
Break-even
456.8 days
Slippage from Kraken Futures: live order book, 22 min ago; Extended: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 22 min ago6.15 bp26.4 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 19 min ago6.88 bp36.6 bp −$37243.4 bp −$2,434doesn't fitdoesn't fit

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 PERP−0.0214%1h0.1388+0.075%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1386−0.069%25xas long as short
Kraken Futures PF_DYDXUSDlong+0.0095%1h0.1387long leg$312K$332K20x
Lighter DYDX+0.0096%1h0.1386−0.033%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1388+0.082%$2.1M$734K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.120%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386−0.069%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1385−0.163%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386−0.083%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1388+0.075%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1386−0.062%$386K$457K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1386−0.069%$3.1M$915K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.003%$2.3M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386−0.069%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386−0.069%$3.0Mas long as short
BloFin DYDX-USDT+0.0101%8h0.1386−0.069%$297K$14K75xas long as short
Extended DYDX-USDshort+0.0104%1h0.1386−0.092%$3K$108K10x
Aevo DYDX-PERP+0.0104%1h0.1389+0.167%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386−0.044%$940100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1390+0.219%$16K$30K50xas long as short
dYdX DYDX-USD+0.2132%1h0.1387−0.020%$79K$2K5xas long as short