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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0600%/8h= −65.7% APRnext payment $0.75 per $10,000 · paid last 24h −0.239%
Price spread now: Aevo against Coinbase International−0.309%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$18 a day on $10k at the current rate, and Aevo is 0.309% cheaper against Coinbase International than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13790.0704pay 0.0088% / 1h1m 35s$17K$38K50x
ShortAevo DYDX-PERP0.13750.0104get 0.0013% / 1h1m 35s$50K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$126
Price spread: −0.309% → 0.000%
−$30.89
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$182.89
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aevo: 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 Coinbase International no order-book sample
Sell Aevo no order-book sample
Coinbase International and Aevo: 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 20 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−0.0133%1h0.1376−0.218%$6K$52K12xas long as short
Lighter DYDX+0.0096%1h0.1376−0.225%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1378−0.051%$2.1M$720K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1375−0.290%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1376−0.227%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1373−0.406%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1375−0.297%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1378−0.073%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1375−0.312%$390K$464K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1375−0.290%$3.1M$830K125xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1376−0.218%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1375−0.290%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1376−0.218%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1375−0.269%$1K$107K10xas long as short
Aevo DYDX-PERPshort+0.0104%1h0.1375−0.309%$50K3x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1375−0.286%$933100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0477%1h0.1376−0.218%25xas long as short
Kraken Futures PF_DYDXUSD+0.0509%1h0.1377−0.160%$312K$352K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0704%1h0.1379long leg$17K$38K50x
dYdX DYDX-USD+0.2534%1h0.1376−0.236%$78K$2K5xas long as short