Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.111%101s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.111%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.136% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1360 | 0.0125 | pay 0.0125% / 8h | 1h 03m | $292K | $17K | 75x |
| Short | Binance DYDXUSDT | 0.1358 | 0.0100 | get 0.0100% / 8h | 1h 03m | $5.3M | $8.0M | 75x |
BloFin DYDX-USDT
Binance DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.28
- Price spread: −0.111% → +0.025%
- −$13.57
- Slippage, 4 orders
- −$59.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.57
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; Binance: live order book, 5 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 BloFin live order book, 63 min ago | 14.74 bp | 21.7 bp −$22 | 48.7 bp −$487 | 381.3 bp −$38.1K | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.68 bp | 22.4 bp −$22 | 74.8 bp −$748 | 475.8 bp −$47.6K | 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 | −0.0045% | 1h | 0.1359 | −0.074% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1357 | −0.221% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1358 | −0.110% | $60K | $52K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1360 | −0.015% | $2.0M | $723K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.145% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1358 | −0.111% | $5.3M | $8.0M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.184% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1359 | −0.088% | $2.1M | $3.0M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1358 | −0.132% | $379K | $439K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1358 | −0.147% | $2.9M | $792K | 125x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
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 | 0.1359 | −0.074% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.147% | $1.4M | $909K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1359 | −0.074% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1358 | −0.141% | $1K | $114K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1358 | −0.147% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDTlong | +0.0125% | 8h | 0.1360 | long leg | $292K | $17K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1357 | −0.229% | $920 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1360 | 0.000% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1363 | +0.221% | $17K | $28K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1029% | 1h | 0.1358 | −0.135% | $309K | $328K | 20x | as long as short |
| dYdX DYDX-USD | +0.6141% | 1h | 0.1359 | −0.062% | $77K | $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]
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD