Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.167%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.355%+$36 · spread now +0.167%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.187% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DYDXUSDT | 0.1377 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $5.3M | $8.3M | 75x |
| Short | BloFin DYDX-USDT | 0.1379 | 0.0120 | get 0.0120% / 8h | 5h 08m | $300K | $12K | 75x |
Binance DYDXUSDT
BloFin DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.25
- Price spread: +0.167% → −0.021%
- $18.71
- Slippage, 4 orders
- −$51.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.5
- Costs to cover
- 0.735%
- Break-even
- 90.1 days
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 23 min ago.
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 Binance live order book, 16 min ago | 3.61 bp | 19.3 bp −$19 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 7.24 bp | 19.7 bp −$20 | 51.7 bp −$517 | 258.3 bp −$25.8K | doesn't fit |
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 | −0.0118% | 1h | 0.1368 | −0.632% | $6K | $52K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1377 | +0.036% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1379 | +0.138% | $2.1M | $718K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.051% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1377 | long leg | $5.3M | $8.3M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.189% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1376 | −0.051% | $2.2M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1378 | +0.094% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1376 | −0.030% | $389K | $474K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1376 | −0.051% | $3.0M | $812K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1377 | +0.021% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.021% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1377 | +0.021% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1376 | −0.027% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1376 | −0.077% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDTshort | +0.0120% | 8h | 0.1379 | +0.167% | $300K | $12K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1376 | −0.033% | $934 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0477% | 1h | 0.1377 | +0.021% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0745% | 1h | 0.1377 | +0.020% | $311K | $353K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1384 | +0.530% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3011% | 1h | 0.1377 | +0.017% | $78K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD