Funding you earn now, next payment 05:00 UTC−0.0555%/8h= −60.8% APRpaid last 24h −0.110%
Price spread now: OKX against Kraken Futures+0.026%7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1481.481% of the position
Funding, last 7 days−0.538%−$54 on $10k
+Price spread, last 4 days (all we have)−0.445%−$44 · spread now +0.026%, 7d avg −0.104%
=The price spread pays, funding is against you. OKX is 0.130% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.104%): +$13 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.538% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1373 | 0.0655 | pay 0.0082% / 1h | 17m 56s | $311K | $351K | 20x |
| Short | OKX DYDX-USDT-SWAP | 0.1373 | 0.0100 | get 0.0100% / 8h | 3h 17m | $2.1M | $3.2M | 20x |
Kraken Futures PF_DYDXUSD
OKX DYDX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$116.65
- Price spread: +0.026% → −0.104%
- $13.01
- Slippage, 4 orders
- −$128.11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$251.75
- Costs to cover
- 1.481%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 min ago; OKX: live order book, 4 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, 35 min ago | 15.16 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.10 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0082% | 8h | 0.1370 | −0.214% | $300K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1372 | −0.068% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1376 | +0.223% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1373 | −0.029% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1374 | +0.047% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1372 | −0.068% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAPshort | +0.0100% | 8h | 0.1373 | +0.026% | $2.1M | $3.2M | 20x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1372 | −0.068% | $389K | $460K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1372 | −0.068% | $2.9M | $810K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1373 | +0.005% | $2.3M | $3.7M | 50x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1373 | +0.005% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1373 | +0.005% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1373 | −0.024% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1372 | −0.084% | $50K | — | 3x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1369 | −0.287% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1372 | −0.100% | $930 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1373 | +0.005% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1373 | +0.005% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0655% | 1h | 0.1373 | long leg | $311K | $351K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1377 | +0.296% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3005% | 1h | 0.1372 | −0.081% | $78K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD