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−0.0892%/8h= −97.7% APRpaid last 24h −0.244%
Price spread now: Bitget against Coinbase International−0.370%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 −$27 a day on $10k at the current rate, and Bitget is 0.370% cheaper against Coinbase International than usual: you would sell low and buy high (−$37 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-INTX0.13510.0992pay 0.0124% / 1h55m 11s$17K$26K50x
ShortBitget DYDXUSDT0.13460.0100get 0.0100% / 8h7h 55m$1.4M$877K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$187.32
Price spread: −0.370% → 0.000%
−$37.01
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$246.33
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago3.71 bp26.4 bp −$2676.5 bp −$765doesn't fitdoesn'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 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%1h0.1345−0.444%25xas long as short
Gate DYDX_USDT+0.0054%8h0.1345−0.437%$367K$427K75xas long as short
BloFin DYDX-USDT+0.0081%8h0.1345−0.444%$292K$30K75xas long as short
Lighter DYDX+0.0096%1h0.1346−0.385%$60K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1348−0.200%$2.0M$715K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1348−0.229%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1348−0.222%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1346−0.363%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1348−0.237%$2.1M$2.9M20xas long as short
MEXC DYDX_USDT+0.0100%8h0.1345−0.444%$2.8M$747K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1346−0.370%$2.3M$3.4M50xas long as short
Bitget DYDXUSDTshort+0.0100%8h0.1346−0.370%$1.4M$877K10x
BingX DYDX-USDT+0.0100%8h0.1346−0.370%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1345−0.472%$4K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1345−0.437%$49K3xas long as short
Arcus DYDX-USD+0.0117%1h0.1346−0.370%$51K$21K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1345−0.432%$912100xas long as short
Injective DYDX/USDC PERP+0.0188%1h0.1344−0.518%$6K$48K12xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0992%1h0.1351long leg$17K$26K50x
Kraken Futures PF_DYDXUSD+0.1090%1h0.1346−0.407%$303K$303K20xas long as short
dYdX DYDX-USD+0.6324%1h0.1345−0.461%$76K$2K5xas long as short