Funding you earn now, next payment 03:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h −0.088%
Price spread now: Gate against Kraken Futures−0.242%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1881.883% of the position
Funding, last 7 days−0.523%−$52 on $10k
+Price spread, last 3 days (all we have)−0.005%−$1 · spread now −0.242%, 7d avg −0.155%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.155%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1376 | 0.0746 | pay 0.0093% / 1h | 52m 48s | $311K | $352K | 20x |
| Short | Gate DYDX_USDT | 0.1373 | 0.0100 | get 0.0100% / 8h | 5h 52m | $389K | $459K | 75x |
Kraken Futures PF_DYDXUSD
Gate DYDX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$135.66
- Price spread: −0.242% → −0.155%
- −$8.7
- Slippage, 4 orders
- −$163.34
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$332.71
- Costs to cover
- 1.883%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 10 min ago; Gate: live order book, 8 min ago.
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, 10 min ago | 6.90 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 3.64 bp | 35.5 bp −$35 | 330.8 bp −$3,308 | doesn't fit | doesn't fit |
DYDX on 20 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0118% | 1h | 0.1372 | −0.285% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1376 | +0.013% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1378 | +0.151% | $2.1M | $718K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1375 | −0.044% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1376 | +0.005% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.140% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1376 | +0.035% | $2.2M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1374 | −0.140% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDTshort | +0.0100% | 8h | 0.1373 | −0.242% | $389K | $459K | 75x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1376 | +0.005% | $3.1M | $809K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
MEXC DYDX_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1375 | −0.067% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1375 | −0.067% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1375 | −0.067% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1375 | −0.041% | $1K | $107K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1373 | −0.206% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1373 | −0.188% | $930 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0478% | 1h | 0.1374 | −0.140% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0746% | 1h | 0.1376 | long leg | $311K | $352K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1378 | +0.151% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2122% | 1h | 0.1371 | −0.331% | $78K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD