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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0788%/8h= −86.3% APRpaid last 24h −0.242%
Price spread now: KuCoin against Coinbase International−0.220%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 −$24 a day on $10k at the current rate, and KuCoin is 0.220% 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-INTX0.13610.0888pay 0.0111% / 1h2m 12s$17K$34K50x
ShortKuCoin DYDXUSDTM0.13580.0100get 0.0100% / 8h2h 02m$2.3M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$165.48
Price spread: −0.220% → 0.000%
−$22.04
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$209.52
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago3.68 bp35.6 bp −$36286.0 bp −$2,860doesn'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
Injective DYDX/USDC PERP−0.0066%1h0.1355−0.441%$6K$49K12xas long as short
BloFin DYDX-USDT+0.0092%8h0.1358−0.220%$292K$15K75xas long as short
Lighter DYDX+0.0096%1h0.1358−0.206%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1360−0.081%$2.1M$715K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1357−0.325%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1358−0.245%$5.3M$8.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1356−0.404%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1358−0.191%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1357−0.323%$381K$473K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1357−0.294%$2.9M$794K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTMshort+0.0100%8h0.1358−0.220%$2.3M$3.6M50x
Bitget DYDXUSDT+0.0100%8h0.1358−0.220%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1357−0.294%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1357−0.275%$4K$122K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1360−0.073%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1357−0.312%$920100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0487%1h0.1358−0.220%25xas long as short
Arcus DYDX-USD+0.0562%1h0.1360−0.073%$53K$20K5xas long as short
Coinbase International DYDX-PERP-INTXlong+0.0888%1h0.1361long leg$17K$34K50x
Kraken Futures PF_DYDXUSD+0.1028%1h0.1358−0.248%$310K$355K20xas long as short
dYdX DYDX-USD+0.5616%1h0.1357−0.327%$77K$2K5xas long as short