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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.452%
Price spread now: Injective against MEXC+0.369%115s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.623%−$62 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.369% dearer against MEXC than usual: you sell high and buy low (spread +0.369% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.5 days. At the pace of the last 7 days (−0.623% in total) that is about 4.2 days. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13540.0100pay 0.0100% / 8h59m 29s$2.9M$773K125x
ShortInjective DYDX/USDC PERP0.1359−0.0045pay 0.0006% / 1h59m 29s$6K$48K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$30.53
Price spread: +0.369% → 0.000%
$36.93
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$2.38
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: MEXC: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago3.69 bp10.1 bp −$1036.6 bp −$366159.4 bp −$15.9K375.2 bp −$187.6K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERPshort−0.0045%1h0.1359+0.369%$6K$48K12x
BloFin DYDX-USDT+0.0096%8h0.1359+0.369%$292K$19K75xas long as short
Lighter DYDX+0.0096%1h0.1356+0.111%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1357+0.192%$2.0M$723K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1354+0.010%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1355+0.053%$5.2M$8.0M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1354−0.022%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1355+0.059%$2.1M$3.0M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1355+0.074%$378K$425K75xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1354long leg$2.9M$773K125x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1355+0.074%$2.3M$3.5M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1355+0.074%$1.4M$909K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1355+0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1355+0.045%$1K$114K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1358+0.309%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1354−0.008%$918100xas long as short
Arcus DYDX-USD+0.0239%1h0.1356+0.148%$52K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0487%1h0.1356+0.148%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1363+0.665%$17K$28K50xas long as short
Kraken Futures PF_DYDXUSD+0.1030%1h0.1356+0.177%$308K$323K20xas long as short
dYdX DYDX-USD+0.6243%1h0.1355+0.091%$77K$2K5xas long as short