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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0875%/8h= −95.8% APRnext payment $1.09 per $10,000 · paid last 24h −0.233%
Price spread now: Arcus against Coinbase International−0.219%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 4 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 −$26 a day on $10k at the current rate, and Arcus is 0.219% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 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-INTX0.13690.0992pay 0.0124% / 1h0m 32s$16K$26K50x
ShortArcus DYDX-USD0.13660.0117get 0.0015% / 1h0m 32s$52K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
−$183.77
Price spread: −0.219% → 0.000%
−$21.91
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$220.18
Costs to cover
0.145%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Arcus: 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 Arcus no order-book sample
Coinbase International and Arcus: 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
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1365−0.292%25xas long as short
Lighter DYDX+0.0096%1h0.1365−0.263%$60K$49K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1366−0.197%$2.0M$709K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1364−0.346%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1365−0.326%$5.3M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1364−0.387%$4.8M$2.7M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1365−0.314%$2.1M$2.8M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1365−0.321%$367K$439K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1364−0.365%$2.9M$771K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1365−0.292%$2.3M$3.3M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1365−0.292%$1.4M$858K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1365−0.292%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1364−0.358%$3K$400K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1365−0.282%$50K3xas long as short
Arcus DYDX-USDshort+0.0117%1h0.1366−0.219%$52K$21K5x
BloFin DYDX-USDT+0.0122%8h0.1366−0.219%$293K$33K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1365−0.300%$926100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1346−1.680%$6K$48K12xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0992%1h0.1369long leg$16K$26K50x
Kraken Futures PF_DYDXUSD+0.1073%1h0.1367−0.169%$308K$298K20xas long as short
dYdX DYDX-USD+1.0338%1h0.1365−0.283%$78K$2K5xas long as short