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 Binance+0.108%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.108%, 7d avg +0.025%
Together, before fees−0.217%−$22 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 0.083% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DYDXUSDT0.13880.0100pay 0.0100% / 8h7h 05m$5.3M$8.3M75x
ShortKuCoin DYDXUSDTM0.13890.0100get 0.0100% / 8h7h 05m$2.4M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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: +0.108% → +0.025%
$8.33
Slippage, 4 orders
−$86.36
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$100.03
Costs to cover
1.084%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 2 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 Binance live order book, 4 min ago3.60 bp18.2 bp −$1875.6 bp −$756doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.59 bp34.4 bp −$34178.4 bp −$1,784doesn'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
Injective DYDX/USDC PERP−0.0214%1h0.1390+0.180%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1387−0.036%25xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1388+0.062%$313K$334K20xas long as short
Lighter DYDX+0.0096%1h0.1388+0.022%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1390+0.180%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1388+0.055%$5K$11K5xas long as short
Binance DYDXUSDTlong+0.0100%8h0.1388long leg$5.3M$8.3M75x
Bybit DYDXUSDT+0.0100%8h0.1386−0.101%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1388+0.014%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1389+0.108%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1386−0.079%$384K$462K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1387−0.036%$3.1M$919K125xas long as short
KuCoin DYDXUSDTMshort+0.0100%8h0.1389+0.108%$2.4M$3.9M50x
Bitget DYDXUSDT+0.0100%8h0.1387−0.036%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1387−0.036%$3.0Mas long as short
BloFin DYDX-USDT+0.0102%8h0.1389+0.108%$298K$11K75xas long as short
Extended DYDX-USD+0.0104%1h0.1388+0.010%$3K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1388+0.030%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386−0.076%$940100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394+0.468%$18K$31K50xas long as short
dYdX DYDX-USD+0.2556%1h0.1388+0.024%$79K$2K5xas long as short