Funding you earn now, next payment 23:00 UTC−0.0680%/8h= −74.5% APRnext payment −$0.85 per $10,000 · paid last 24h −0.241%
Price spread now: Extended against Coinbase International−0.383%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
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Extended is 0.383% cheaper against Coinbase International than usual: you would sell low and buy high (−$38 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 | 0.1388 | 0.0784 | pay 0.0098% / 1h | 27m 00s | $16K | $29K | 50x |
| Short | Extended DYDX-USD | 0.1383 | 0.0104 | get 0.0013% / 1h | 27m 00s | $3K | $109K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$142.8
- Price spread: −0.383% → 0.000%
- −$38.35
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$196.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 48 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 Extended live order book, 48 min ago | 7.26 bp | 33.6 bp −$34 | 224.6 bp −$2,246 | doesn't fit | 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 venues
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 | −0.0067% | 1h | 0.1385 | −0.216% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1382 | −0.432% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0079% | 1h | 0.1383 | −0.366% | $315K | $328K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | −0.360% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1386 | −0.130% | $2.1M | $737K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1383 | −0.339% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1383 | −0.365% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.490% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | −0.346% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1385 | −0.216% | $54K | $20K | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1382 | −0.432% | $384K | $468K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1381 | −0.504% | $3.1M | $919K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1383 | −0.360% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1383 | −0.360% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1382 | −0.432% | — | $3.0M | — | as long as short |
| Extended DYDX-USDshort | +0.0104% | 1h | 0.1383 | −0.383% | $3K | $109K | 10x | |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.576% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0111% | 8h | 0.1382 | −0.432% | $299K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1382 | −0.417% | $937 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0784% | 1h | 0.1388 | long leg | $16K | $29K | 50x | |
| dYdX DYDX-USD | +0.2703% | 1h | 0.1382 | −0.444% | $79K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
Extended DYDX-USD
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]