Funding you earn now, next payment 03:00 UTC+0.0648%/8h= +70.9% APRpaid last 24h +0.088%
Price spread now: Kraken Futures against Binance+0.198%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1381.384% of the position
Funding, last 7 days+0.472%+$47 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now +0.198%, 7d avg +0.133%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.065% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DYDXUSDT | 0.1370 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $5.3M | $8.3M | 75x |
| Short | Kraken Futures PF_DYDXUSD | 0.1373 | 0.0748 | get 0.0093% / 1h | 6m 34s | $310K | $352K | 20x |
Binance DYDXUSDT
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $136.02
- Price spread: +0.198% → +0.133%
- $6.54
- Slippage, 4 orders
- −$118.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4.18
- Costs to cover
- 1.384%
- Break-even
- 6.8 days
Slippage from Binance: live order book, 3 min ago; Kraken Futures: live order book, 56 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, 3 min ago | 3.63 bp | 16.1 bp −$16 | 79.9 bp −$799 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 56 min ago | 6.90 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | 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 | −0.150% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0092% | 8h | 0.1379 | +0.653% | $302K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1370 | +0.003% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | +0.186% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1370 | +0.012% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1370 | long leg | $5.3M | $8.3M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.238% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1369 | −0.092% | $2.1M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1371 | +0.069% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1368 | −0.150% | $386K | $474K | 75x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1371 | +0.069% | $3.0M | $814K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1369 | −0.077% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1369 | −0.077% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1369 | −0.077% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1369 | −0.046% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1372 | +0.106% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1372 | +0.116% | $930 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1372 | +0.142% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0748% | 1h | 0.1373 | +0.198% | $310K | $352K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1380 | +0.726% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3004% | 1h | 0.1370 | −0.030% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD