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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.073%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days−0.192%−$19 · spread now +0.073%, 7d avg +0.032%
Together, before fees−0.332%−$33 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: KuCoin is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13770.0100pay 0.0100% / 8h3h 43m$2.9M$806K125x
ShortKuCoin DYDXUSDTM0.13780.0100get 0.0100% / 8h3h 43m$2.4M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.073% → +0.032%
$4.08
Slippage, 4 orders
−$90.84
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$102.76
Costs to cover
1.068%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: 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, 4 min ago3.61 bp8.2 bp −$838.3 bp −$383160.4 bp −$16.0K389.3 bp −$194.7K
Sell KuCoin live order book, 4 min ago3.62 bp43.1 bp −$43290.4 bp −$2,904doesn'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
Lighter DYDX+0.0096%1h0.1378+0.036%$61K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1379+0.174%$2.1M$725K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1378+0.037%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1378+0.037%$5.3M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1374−0.232%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1376−0.109%$2.1M$3.3M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1377+0.007%$393K$451K75xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1377long leg$2.9M$806K125x
KuCoin DYDXUSDTMshort+0.0100%8h0.1378+0.073%$2.4M$3.7M50x
Bitget DYDXUSDT+0.0100%8h0.13770.000%$1.4M$1.1M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.13770.000%$3.0Mas long as short
BloFin DYDX-USDT+0.0100%8h0.1382+0.363%$299K$12K75xas long as short
Extended DYDX-USD+0.0104%1h0.1377+0.008%$5K$115K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1376−0.091%$50K3xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.13770.000%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1378+0.065%$934100xas long as short
Arcus DYDX-USD+0.0248%1h0.1379+0.145%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0476%1h0.1378+0.073%25xas long as short
Kraken Futures PF_DYDXUSD+0.0653%1h0.1379+0.157%$312K$359K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1379+0.145%$17K$38K50xas long as short
dYdX DYDX-USD+0.2788%1h0.1377−0.020%$78K$2K5xas long as short