Funding you earn now, next payment 11:00 UTC−0.0732%/8h= −80.2% APRpaid last 24h −0.243%
Price spread now: Binance against Coinbase International−0.521%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.521% cheaper against Coinbase International than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1344 | 0.0832 | pay 0.0104% / 1h | 49m 59s | $16K | $25K | 50x |
| Short | Binance DYDXUSDT | 0.1337 | 0.0100 | get 0.0100% / 8h | 4h 49m | $5.2M | $7.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$153.72
- Price spread: −0.521% → 0.000%
- −$52.08
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$225.8
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 12 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 3.73 bp | 22.4 bp −$22 | 74.7 bp −$747 | 484.4 bp −$48.4K | doesn't fit |
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 exchanges
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 PERP | −0.1214% | 1h | 0.1336 | −0.595% | $6K | $41K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1339 | −0.372% | — | — | 25x | as long as short |
| Gate DYDX_USDT | +0.0068% | 8h | 0.1337 | −0.543% | $358K | $372K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1338 | −0.424% | $59K | $29K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1339 | −0.350% | $2.0M | $691K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1337 | −0.550% | $5K | $10K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1337 | −0.521% | $5.2M | $7.4M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1337 | −0.536% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1337 | −0.543% | $2.1M | $2.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1341 | −0.223% | $51K | $21K | 5x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1338 | −0.446% | $2.9M | $667K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1340 | −0.298% | $2.3M | $3.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1337 | −0.521% | $1.3M | $716K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1337 | −0.521% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1336 | −0.629% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1340 | −0.315% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0123% | 8h | 0.1338 | −0.446% | $288K | $41K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0184% / S −0.0355% | 1h | 0.1340 | −0.312% | $690 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0186% | 1h | 0.1339 | −0.408% | $303K | $287K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0832% | 1h | 0.1344 | long leg | $16K | $25K | 50x | |
| dYdX DYDX-USD | +0.5680% | 1h | 0.1339 | −0.353% | $76K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
Binance DYDXUSDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Gate DYDX_USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD