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
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 −$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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1361 | 0.0888 | pay 0.0111% / 1h | 2m 12s | $17K | $34K | 50x |
| Short | KuCoin DYDXUSDTM | 0.1358 | 0.0100 | get 0.0100% / 8h | 2h 02m | $2.3M | $3.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 5 min ago | 3.68 bp | 35.6 bp −$36 | 286.0 bp −$2,860 | 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 | −0.0066% | 1h | 0.1355 | −0.441% | $6K | $49K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0092% | 8h | 0.1358 | −0.220% | $292K | $15K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1358 | −0.206% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1360 | −0.081% | $2.1M | $715K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1357 | −0.325% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.245% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1356 | −0.404% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1358 | −0.191% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1357 | −0.323% | $381K | $473K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1357 | −0.294% | $2.9M | $794K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1358 | −0.220% | $2.3M | $3.6M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1358 | −0.220% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1357 | −0.294% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1357 | −0.275% | $4K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | −0.073% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1357 | −0.312% | $920 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0487% | 1h | 0.1358 | −0.220% | — | — | 25x | as long as short |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1360 | −0.073% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0888% | 1h | 0.1361 | long leg | $17K | $34K | 50x | |
| Kraken Futures PF_DYDXUSD | +0.1028% | 1h | 0.1358 | −0.248% | $310K | $355K | 20x | as long as short |
| dYdX DYDX-USD | +0.5616% | 1h | 0.1357 | −0.327% | $77K | $2K | 5x | as long as short |
Coinbase International DYDX-PERP-INTX
KuCoin DYDXUSDTM
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD