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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against BloFin+0.022%47s7-day average +0.144% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.022%, 7d avg +0.144%
Together, before fees+0.119%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Hyperliquid is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.144%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13550.0110pay 0.0110% / 8h2h 14m$293K$15K75x
ShortHyperliquid DYDX0.13550.0100get 0.0013% / 1h14m 31s$2.1M$714K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$2.1
Price spread: +0.022% → +0.144%
−$12.15
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$35.24
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 57 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 57 min ago7.30 bp23.1 bp −$2351.4 bp −$514364.4 bp −$36.4Kdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.11 bpdoesn't fitdoesn't fitdoesn'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−0.0066%1h0.1353−0.148%$6K$49K12xas long as short
Lighter DYDX+0.0096%1h0.1353−0.155%$60K$48K5xas long as short
Hyperliquid DYDXshort+0.0100%1h0.1355+0.022%$2.1M$714K5x
Aster DYDXUSDT+0.0100%8h0.1353−0.127%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1353−0.180%$5.3M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1351−0.280%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1353−0.148%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1352−0.236%$379K$472K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1352−0.221%$2.9M$794K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1353−0.148%$2.3M$3.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1353−0.148%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1352−0.221%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1352−0.210%$3K$117K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1351−0.307%$49K3xas long as short
BloFin DYDX-USDTlong+0.0110%8h0.1355long leg$293K$15K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1351−0.286%$917100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0490%1h0.1352−0.221%25xas long as short
Arcus DYDX-USD+0.0562%1h0.13550.000%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1359+0.295%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1031%1h0.1353−0.119%$309K$355K20xas long as short
dYdX DYDX-USD+0.5848%1h0.1352−0.227%$77K$2K5xas long as short