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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0900%/8h= +98.5% APRpaid last 24h +0.244%
Price spread now: Coinbase International against Bybit+0.955%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Coinbase International is 0.955% dearer against Bybit than usual: you sell high and buy low: +$96 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13400.0100pay 0.0100% / 8h21m 35s$4.5M$2.5M75x
ShortCoinbase International DYDX-PERP-INTX0.13530.1000get 0.0125% / 1h21m 35s$17K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bybit. 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
$189
Price spread: +0.955% → 0.000%
$95.51
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$263.51
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: live order book, 1 min ago; Coinbase International: no order-book sample. 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 Bybit live order book, 1 min ago3.36 bp36.5 bp −$3769.4 bp −$694doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0058%1h0.1344+0.284%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1341+0.060%25xas long as short
Lighter DYDX+0.0096%1h0.1342+0.157%$59K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1344+0.254%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1343+0.243%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1342+0.134%$5.2M$7.9M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1340long leg$4.5M$2.5M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1342+0.149%$2.1M$2.9M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1344+0.284%$51K$21K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1341+0.060%$374K$430K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1341+0.060%$2.8M$782K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1342+0.134%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1342+0.134%$1.3M$890K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1342+0.134%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1341+0.054%$1K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1340−0.015%$49K3xas long as short
BloFin DYDX-USDT+0.0119%8h0.1341+0.060%$292K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1341+0.081%$910100xas long as short
Kraken Futures PF_DYDXUSD+0.0856%1h0.1343+0.207%$302K$310K20xas long as short
Coinbase International DYDX-PERP-INTXshort+0.1000%1h0.1353+0.955%$17K$26K50x
dYdX DYDX-USD+0.9149%1h0.1342+0.138%$76K$2K5xas long as short