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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0554%/8h= +60.7% APRpaid last 24h +0.110%
Price spread now: Kraken Futures against MEXC+0.224%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.489%+$49 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.224%, 7d avg +0.151%
Together, before fees+0.702%+$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.072% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.151%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13730.0100pay 0.0100% / 8h3h 16m$2.9M$810K125x
ShortKraken Futures PF_DYDXUSD0.13760.0654get 0.0082% / 1h16m 37s$312K$351K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$116.34
Price spread: +0.224% → +0.151%
$7.23
Slippage, 4 orders
−$103.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$5.66
Costs to cover
1.179%
Break-even
6.7 days
Slippage from MEXC: live order book, just now; Kraken Futures: live order book, 36 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, just now3.64 bp7.6 bp −$840.4 bp −$404169.7 bp −$17.0K434.7 bp −$217.4K
Sell Kraken Futures live order book, 36 min ago15.16 bp36.1 bp −$36doesn'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
BloFin DYDX-USDT+0.0079%8h0.1375+0.146%$301K$12K75xas long as short
Lighter DYDX+0.0096%1h0.1373+0.029%$61K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1376+0.211%$2.1M$721K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1375+0.169%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1373+0.010%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1372−0.073%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1373−0.022%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1374+0.073%$389K$460K75xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1373long leg$2.9M$810K125x
KuCoin DYDXUSDTM+0.0100%8h0.1374+0.073%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.13730.000%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1374+0.073%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1375+0.118%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1375+0.125%$50K3xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.1371−0.146%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1374+0.054%$932100xas long as short
Arcus DYDX-USD+0.0248%1h0.1375+0.146%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0478%1h0.1375+0.146%25xas long as short
Kraken Futures PF_DYDXUSDshort+0.0654%1h0.1376+0.224%$312K$351K20x
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1377+0.291%$17K$37K50xas long as short
dYdX DYDX-USD+0.3009%1h0.1373+0.002%$78K$2K5xas long as short