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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0223%/8h= −24.4% APRnext payment $2.23 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.022% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13390.0100pay 0.0100% / 8h7h 26m$2.8M$751K125x
ShortGate DYDX_USDT0.1339−0.0123pay 0.0123% / 8h7h 26m$364K$431K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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
−$46.83
Price spread: 0.000% → +0.002%
−$0.24
Slippage, 4 orders
−$83.17
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$149.24
Costs to cover
1.022%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 4 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 MEXC live order book, 5 min ago3.73 bp6.3 bp −$636.4 bp −$364154.1 bp −$15.4K405.3 bp −$202.6K
Sell Gate live order book, 4 min ago2.24 bp40.9 bp −$41418.7 bp −$4,187doesn'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
Gate DYDX_USDTshort−0.0123%8h0.13390.000%$364K$431K75x
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13390.000%25xas long as short
Lighter DYDX+0.0096%1h0.1340+0.052%$59K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1341+0.172%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1339+0.034%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1339+0.015%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1337−0.127%$4.6M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1340+0.045%$2.1M$2.8M20xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1339long leg$2.8M$751K125x
KuCoin DYDXUSDTM+0.0100%8h0.1340+0.075%$2.3M$3.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.13390.000%$1.3M$866K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1340+0.075%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1339−0.015%$3K$402K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1340+0.075%$49K3xas long as short
BloFin DYDX-USDT+0.0112%8h0.1342+0.224%$292K$31K75xas long as short
Arcus DYDX-USD+0.0117%1h0.1341+0.149%$51K$21K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1340+0.085%$908100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1346+0.523%$6K$48K12xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1344+0.373%$16K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1094%1h0.1341+0.137%$302K$300K20xas long as short
dYdX DYDX-USD+1.0761%1h0.1339−0.012%$76K$2K5xas long as short