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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.366%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1481.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)+0.370%+$37 · spread now −0.366%, 7d avg −0.008%
Together, before fees+0.258%+$26 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: Gate is 0.358% cheaper against BingX than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DYDX-USDT0.13920.0100pay 0.0100% / 8h2h 25m$8.0M
ShortGate DYDX_USDT0.13870.0100get 0.0100% / 8h2h 25m$393K$490K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: −0.366% → −0.008%
−$35.8
Slippage, 4 orders
−$123.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$184.28
Costs to cover
1.485%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 59 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 BingX live order book, 7 min ago10.81 bp31.4 bp −$3163.5 bp −$635404.3 bp −$40.4K636.7 bp −$318.3K
Sell Gate live order book, 59 min ago6.88 bp50.6 bp −$51479.5 bp −$4,795doesn'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−0.0395%1h0.1385−0.503%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1389−0.216%25xas long as short
Lighter DYDX+0.0096%1h0.1389−0.201%$63K$46K5xas long as short
BloFin DYDX-USDT+0.0096%8h0.1387−0.359%$302K$16K75xas long as short
Hyperliquid DYDX+0.0100%1h0.1392−0.007%$2.1M$732K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1387−0.365%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.13920.000%$5.3M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1391−0.036%$4.7M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1392−0.014%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1391−0.072%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDTshort+0.0100%8h0.1387−0.366%$393K$490K75x
MEXC DYDX_USDT+0.0100%8h0.1391−0.072%$3.4M$816K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.13920.000%$2.4M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13920.000%$1.4M$1.2M10xas long as short
BingX DYDX-USDTlong+0.0100%8h0.1392long leg$8.0M
Extended DYDX-USD+0.0104%1h0.1392−0.012%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.144%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1389−0.232%$942100xas long as short
Kraken Futures PF_DYDXUSD+0.0349%1h0.1391−0.060%$323K$324K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1390−0.144%$17K$29K50xas long as short
dYdX DYDX-USD+0.2652%1h0.1386−0.435%$79K$2K5xas long as short