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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
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
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 −$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DYDX-PERP-INTX0.13440.0832pay 0.0104% / 1h49m 59s$16K$25K50x
ShortBinance DYDXUSDT0.13370.0100get 0.0100% / 8h4h 49m$5.2M$7.4M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Binance live order book, 12 min ago3.73 bp22.4 bp −$2274.7 bp −$747484.4 bp −$48.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.1214%1h0.1336−0.595%$6K$41K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1339−0.372%25xas long as short
Gate DYDX_USDT+0.0068%8h0.1337−0.543%$358K$372K75xas long as short
Lighter DYDX+0.0096%1h0.1338−0.424%$59K$29K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1339−0.350%$2.0M$691K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1337−0.550%$5K$10K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1337−0.521%$5.2M$7.4M75x
Bybit DYDXUSDT+0.0100%8h0.1337−0.536%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1337−0.543%$2.1M$2.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1341−0.223%$51K$21K5xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1338−0.446%$2.9M$667K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1340−0.298%$2.3M$3.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1337−0.521%$1.3M$716K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1337−0.521%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1336−0.629%$4K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1340−0.315%$49K3xas long as short
BloFin DYDX-USDT+0.0123%8h0.1338−0.446%$288K$41K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0184% / S −0.0355%1h0.1340−0.312%$690100xas long as short
Kraken Futures PF_DYDXUSD+0.0186%1h0.1339−0.408%$303K$287K20xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0832%1h0.1344long leg$16K$25K50x
dYdX DYDX-USD+0.5680%1h0.1339−0.353%$76K$2K5xas long as short