Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: Binance against Deribit+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.032% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1383 | 0 | get 0.0000% / 1h | 9m 15s | — | — | 25x |
| Short | Binance DYDXUSDT | 0.1383 | 0.0100 | get 0.0100% / 8h | 2h 09m | $5.3M | $8.5M | 75x |
Deribit DYDX_USDC-PERPETUAL
Binance DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $21
- Price spread: +0.032% → 0.000%
- $3.16
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $7.16
- Costs to cover
- 0.170%
- Break-even
- 4.6 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 15 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 3.59 bp | 16.4 bp −$16 | 71.4 bp −$714 | 532.4 bp −$53.2K | doesn't fit |
Deribit: 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 | −0.0395% | 1h | 0.1389 | +0.434% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | 0.0000% | 1h | 0.1383 | long leg | — | — | 25x | |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | +0.029% | $62K | $47K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0098% | 8h | 0.1385 | +0.145% | $302K | $15K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1388 | +0.362% | $2.1M | $733K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | +0.086% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1383 | +0.032% | $5.3M | $8.5M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.043% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1384 | +0.051% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1386 | +0.217% | $53K | $19K | 5x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1384 | +0.072% | $391K | $491K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1384 | +0.072% | $3.4M | $845K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1385 | +0.145% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1383 | 0.000% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1384 | +0.072% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1383 | +0.008% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1383 | −0.009% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1383 | −0.016% | $938 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0351% | 1h | 0.1384 | +0.096% | $322K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1394 | +0.795% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2915% | 1h | 0.1383 | +0.033% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD