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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin+0.144%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1281.283% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.144%, 7d avg +0.052%
Together, before fees−0.321%−$32 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 0.093% dearer against BloFin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DYDX-USDT0.13850.0092pay 0.0092% / 8h40m 56s$299K$14K75x
ShortKuCoin DYDXUSDTM0.13870.0100get 0.0100% / 8h40m 56s$2.3M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$1.76
Price spread: +0.144% → +0.052%
$9.26
Slippage, 4 orders
−$104.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$117.31
Costs to cover
1.283%
Break-even
474.2 days
Slippage from BloFin: live order book, 31 min ago; KuCoin: live order book, 7 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 BloFin live order book, 31 min ago3.62 bp23.2 bp −$2350.1 bp −$501299.6 bp −$30.0Kdoesn't fit
Sell KuCoin live order book, 7 min ago3.59 bp55.8 bp −$56177.9 bp −$1,779doesn'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−0.0067%1h0.1388+0.217%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.13850.000%25xas long as short
Kraken Futures PF_DYDXUSD+0.0079%1h0.1387+0.146%$316K$328K20xas long as short
BloFin DYDX-USDTlong+0.0092%8h0.1385long leg$299K$14K75x
Lighter DYDX+0.0096%1h0.1386+0.087%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1389+0.267%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385+0.025%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386+0.068%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384−0.051%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386+0.087%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1388+0.217%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1385−0.014%$385K$468K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.13850.000%$3.3M$896K125xas long as short
KuCoin DYDXUSDTMshort+0.0100%8h0.1387+0.144%$2.3M$4.0M50x
Bitget DYDXUSDT+0.0100%8h0.1386+0.072%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.13850.000%$5.8Mas long as short
Extended DYDX-USD+0.0104%1h0.1385+0.032%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1385+0.016%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1387+0.118%$940100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1384−0.072%$16K$29K50xas long as short
dYdX DYDX-USD+0.2675%1h0.1385+0.016%$79K$2K5xas long as short