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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0968%/8h= +106.0% APRnext payment +$1.21 per $10,000 · paid last 24h
Price spread now: Coinbase International against Deribit+0.868%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Coinbase International is 0.868% dearer against Deribit than usual: you sell high and buy low: +$87 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DYDX_USDC-PERPETUAL0.13820get 0.0000% / 1h8m 11s25x
ShortCoinbase International DYDX-PERP-INTX0.13940.0968get 0.0121% / 1h8m 11s$17K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$203.28
Price spread: +0.868% → 0.000%
$86.83
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$273.11
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: no order-book sample. 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 Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit and 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−0.0395%1h0.1389+0.507%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUALlong0.0000%1h0.1382long leg25x
Lighter DYDX+0.0096%1h0.1383+0.065%$62K$47K5xas long as short
BloFin DYDX-USDT+0.0098%8h0.1385+0.217%$302K$15K75xas long as short
Hyperliquid DYDX+0.0100%1h0.1386+0.253%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1384+0.115%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1382+0.035%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1381−0.058%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1383+0.072%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1384+0.145%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.13820.000%$391K$491K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.13820.000%$3.4M$845K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1383+0.072%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13820.000%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.13820.000%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1382+0.020%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1382+0.013%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1382−0.007%$937100xas long as short
Kraken Futures PF_DYDXUSD+0.0351%1h0.1384+0.178%$322K$324K20xas long as short
Coinbase International DYDX-PERP-INTXshort+0.0968%1h0.1394+0.868%$17K$29K50x
dYdX DYDX-USD+0.2934%1h0.1383+0.106%$79K$2K5xas long as short