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−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against Bybit+0.082%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.082% dearer against Bybit than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13420.0100pay 0.0100% / 8h2h 34m$4.5M$2.4M75x
ShortDeribit DYDX_USDC-PERPETUAL0.13430get 0.0000% / 1h34m 06s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: +0.082% → 0.000%
$8.2
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$30.8
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 9 min ago; Deribit: 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, 9 min ago3.72 bp42.3 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0066%1h0.1345+0.231%$6K$49K12xas long as short
Deribit DYDX_USDC-PERPETUALshort0.0000%1h0.1343+0.082%25x
BloFin DYDX-USDT+0.0096%8h0.1342+0.007%$296K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1344+0.156%$59K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1345+0.238%$2.0M$718K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1345+0.221%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1345+0.216%$5.2M$8.5M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1342long leg$4.5M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1344+0.164%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1344+0.179%$378K$471K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1344+0.156%$2.8M$788K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1345+0.231%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1343+0.082%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1345+0.231%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1344+0.129%$4K$113K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1344+0.168%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1343+0.074%$911100xas long as short
Arcus DYDX-USD+0.0562%1h0.1347+0.380%$52K$20K5xas long as short
Coinbase International DYDX-PERP-INTX+0.0888%1h0.1355+0.976%$17K$34K50xas long as short
Kraken Futures PF_DYDXUSD+0.1038%1h0.1344+0.173%$309K$352K20xas long as short
dYdX DYDX-USD+0.5266%1h0.1346+0.290%$77K$2K5xas long as short