DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0447%/8h= +48.9% APRnext payment +$0.56 per $10,000 · paid last 24h +0.018%

Price spread now: GMX against Kraken Futures−0.028%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.028% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DYDXUSD	0.1387	0.0079	pay 0.0010% / 1h	41m 14s	$316K	$328K	20x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1387	L +0.0187% / S −0.0526%	get 0.0066% / 1h	41m 14s	$940	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $93.83
Price spread: −0.028% → 0.000%: −$2.8
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $69.03
Costs to cover: 0.220%
Break-even: 1.9 days

Slippage unknown: Kraken Futures: live order book, 36 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 36 min ago	1.09 bp	48.8 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DYDX/USDC PERP	−0.0067%	1h	0.1388	+0.071%	$6K	$52K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1385	−0.146%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSDlong	+0.0079%	1h	0.1387	long leg	$316K	$328K	20x
BloFin DYDX-USDT	+0.0092%	8h	0.1385	−0.146%	$299K	$14K	75x	as long as short
Lighter DYDX	+0.0096%	1h	0.1386	−0.059%	$62K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1389	+0.179%	$2.1M	$737K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1386	−0.109%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1386	−0.081%	$5.2M	$8.4M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1385	−0.117%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1386	−0.052%	$2.2M	$3.4M	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DYDX-USD	+0.0100%	1h	0.1388	+0.071%	$53K	$19K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1385	−0.146%	$385K	$468K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1385	−0.146%	$3.3M	$896K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1386	−0.073%	$2.3M	$4.0M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1386	−0.073%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1385	−0.146%	—	$5.8M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1385	−0.113%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1385	−0.130%	$50K	—	3x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	0.1387	−0.028%	$940	—	100x
Coinbase International DYDX-PERP-INTX	+0.0784%	1h	0.1384	−0.218%	$16K	$29K	50x	as long as short
dYdX DYDX-USD	+0.2675%	1h	0.1385	−0.130%	$79K	$2K	5x	as long as short