Funding you earn now, next payment 23:00 UTC−0.0889%/8h= −97.4% APRnext payment −$1.11 per $10,000 · paid last 24h −0.528%
Price spread now: Injective against Kraken Futures−0.249%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.051%−$105 on $10k
+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 −$27 a day on $10k at the current rate, and Injective is 0.249% cheaper against Kraken Futures than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1381 | 0.0573 | pay 0.0072% / 1h | 48m 18s | $321K | $325K | 20x |
| Short | Injective DYDX/USDC PERP | 0.1378 | −0.0316 | pay 0.0040% / 1h | 48m 18s | $6K | $51K | 12x |
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$186.75
- Price spread: −0.249% → 0.000%
- −$24.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$221.7
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 34 min ago; Injective: 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, 34 min ago | 7.90 bp | 35.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERPshort | −0.0316% | 1h | 0.1378 | −0.249% | $6K | $51K | 12x | |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1380 | −0.105% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0086% | 8h | 0.1378 | −0.249% | $299K | $15K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1380 | −0.083% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1383 | +0.076% | $2.1M | $741K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1379 | −0.171% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.092% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.228% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | −0.068% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1383 | +0.113% | $53K | $19K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.177% | $390K | $470K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.105% | $3.4M | $853K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1380 | −0.105% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1379 | −0.177% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1379 | −0.177% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1379 | −0.193% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.105% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1380 | −0.117% | $936 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0573% | 1h | 0.1381 | long leg | $321K | $325K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.185% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.3238% | 1h | 0.1378 | −0.238% | $78K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD