Funding you earn now, next payment 07:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.478%
Price spread now: Injective against Bybit+0.435%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.656%−$66 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.435% dearer against Bybit than usual: you sell high and buy low (spread +0.435% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 10.0 days. At the pace of the last 7 days (−0.656% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DYDXUSDT | 0.1356 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $4.6M | $2.4M | 75x |
| Short | Injective DYDX/USDC PERP | 0.1362 | −0.0045 | pay 0.0006% / 1h | 57m 25s | $6K | $48K | 12x |
Bybit DYDXUSDT
Injective DYDX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- −$30.53
- Price spread: +0.435% → 0.000%
- $43.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1.96
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, just now; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, just now | 4.05 bp | 36.3 bp −$36 | 302.9 bp −$3,029 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERPshort | −0.0045% | 1h | 0.1362 | +0.435% | $6K | $48K | 12x | |
| Lighter DYDX | +0.0096% | 1h | 0.1360 | +0.280% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1360 | +0.295% | $2.1M | $715K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.141% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.128% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1356 | long leg | $4.6M | $2.4M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1358 | +0.133% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1358 | +0.140% | $382K | $430K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1358 | +0.140% | $2.9M | $787K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1358 | +0.140% | $2.3M | $3.6M | 50x | as long as short |
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.140% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1358 | +0.140% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1360 | +0.256% | $4K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | +0.288% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0117% | 8h | 0.1358 | +0.140% | $293K | $15K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1357 | +0.058% | $920 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1359 | +0.214% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0486% | 1h | 0.1360 | +0.288% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1358 | +0.140% | $17K | $34K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1028% | 1h | 0.1360 | +0.284% | $310K | $353K | 20x | as long as short |
| dYdX DYDX-USD | +0.4228% | 1h | 0.1360 | +0.268% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD