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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against KuCoin+0.196%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.193%+$19 on $10k
Price spread, last 7 days−0.182%−$18 · spread now +0.196%, 7d avg +0.053%
Together, before fees+0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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: Hyperliquid is 0.143% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DYDXUSDTM0.13760.0100pay 0.0100% / 8h2h 03m$2.3M$4.1M50x
ShortHyperliquid DYDX0.13790.0100get 0.0013% / 1h3m 22s$2.1M$734K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$0
Price spread: +0.196% → +0.053%
$14.35
Slippage, 4 orders
−$99.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$106.62
Costs to cover
1.210%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 8 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 KuCoin live order book, 4 min ago7.24 bp41.1 bp −$41161.7 bp −$1,617doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.08 bp28.7 bp −$29doesn't fitdoesn'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−0.0395%1h0.1389+0.945%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13760.000%25xas long as short
BloFin DYDX-USDT+0.0087%8h0.1378+0.145%$301K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1376−0.029%$62K$47K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1379+0.196%$2.1M$734K5x
Aster DYDXUSDT+0.0100%8h0.1375−0.070%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1376−0.015%$5.2M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1374−0.174%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1376+0.007%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1377+0.073%$52K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1374−0.160%$388K$491K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375−0.073%$3.4M$848K125xas long as short
KuCoin DYDXUSDTMlong+0.0100%8h0.1376long leg$2.3M$4.1M50x
Bitget DYDXUSDT+0.0100%8h0.1375−0.073%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1375−0.073%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1376−0.029%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375−0.049%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375−0.060%$933100xas long as short
Kraken Futures PF_DYDXUSD+0.0353%1h0.1378+0.154%$320K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1379+0.218%$16K$29K50xas long as short
dYdX DYDX-USD+0.2958%1h0.1375−0.063%$78K$2K5xas long as short