Funding you earn now, next payment 09:00 UTC−0.0390%/8h= −42.7% APRpaid last 24h —
Price spread now: Bybit against Deribit−0.141%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.141% cheaper against Deribit than usual: you would sell low and buy high (−$14 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 | Deribit DYDX_USDC-PERPETUAL | 0.1352 | 0.0490 | pay 0.0061% / 1h | 47m 17s | — | — | 25x |
| Short | Bybit DYDXUSDT | 0.1350 | 0.0100 | get 0.0100% / 8h | 7h 47m | $4.7M | $2.5M | 75x |
Deribit DYDX_USDC-PERPETUAL
Bybit DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$81.94
- Price spread: −0.141% → 0.000%
- −$14.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now | 2.96 bp | 36.8 bp −$37 | 196.1 bp −$1,961 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1352 | −0.007% | $60K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1354 | +0.133% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.104% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.058% | $5.3M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1350 | −0.141% | $4.7M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1352 | −0.030% | $2.1M | $2.9M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1351 | −0.074% | $369K | $428K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1351 | −0.074% | $2.9M | $749K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1352 | 0.000% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1352 | 0.000% | $1.4M | $877K | 10x | as long as short |
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1352 | 0.000% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1352 | −0.014% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1351 | −0.096% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0113% | 8h | 0.1351 | −0.074% | $291K | $30K | 75x | as long as short |
| Arcus DYDX-USD | +0.0117% | 1h | 0.1354 | +0.148% | $51K | $21K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1351 | −0.050% | $916 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1350 | −0.148% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0490% | 1h | 0.1352 | long leg | — | — | 25x | |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1356 | +0.296% | $17K | $26K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1085% | 1h | 0.1352 | −0.013% | $304K | $303K | 20x | as long as short |
| dYdX DYDX-USD | +0.8605% | 1h | 0.1351 | −0.047% | $77K | $2K | 5x | as long as short |
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Arcus DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD