Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.107%

Price spread now: GMX against Aster−0.074%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.074% cheaper against Aster than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DYDXUSDT	0.1353	0.0100	pay 0.0100% / 8h	1h 31m	$6K	$12K	5x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1352	L +0.0187% / S −0.0526%	get 0.0066% / 1h	31m 56s	$917	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee GMXbpOrdersPrice spread, now −0.074%Rate

Funding earned: $89.36
Price spread: −0.074% → 0.000%: −$7.43
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $61.93
Costs to cover: 0.200%
Break-even: 2.1 days

Slippage unknown: Aster: no order-book sample; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Aster and GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DYDX/USDC PERP	−0.0045%	1h	0.1348	−0.345%	$6K	$48K	12x	as long as short
Lighter DYDX	+0.0096%	1h	0.1353	−0.005%	$60K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1354	+0.091%	$2.0M	$725K	5x	as long as short
Aster DYDXUSDTlong	+0.0100%	8h	0.1353	long leg	$6K	$12K	5x
Binance DYDXUSDT	+0.0100%	8h	0.1353	+0.033%	$5.2M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1352	−0.057%	$4.5M	$2.5M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1353	+0.062%	$2.1M	$3.1M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1353	−0.005%	$378K	$433K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1352	−0.049%	$2.9M	$789K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1354	+0.099%	$2.3M	$3.6M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DYDXUSDT	+0.0100%	8h	0.1354	+0.099%	$1.4M	$1.0M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1353	+0.025%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1353	−0.010%	$1K	$122K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1352	−0.069%	$49K	—	3x	as long as short
BloFin DYDX-USDT	+0.0127%	8h	0.1346	−0.493%	$292K	$17K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	0.1352	−0.074%	$917	—	100x
Arcus DYDX-USD	+0.0239%	1h	0.1353	+0.025%	$52K	$20K	5x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0490%	1h	0.1353	+0.025%	—	—	25x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0992%	1h	0.1355	+0.173%	$17K	$31K	50x	as long as short
Kraken Futures PF_DYDXUSD	+0.1032%	1h	0.1353	+0.060%	$308K	$349K	20x	as long as short
dYdX DYDX-USD	+0.5507%	1h	0.1354	+0.086%	$77K	$2K	5x	as long as short