Funding you earn now, next payment 23:00 UTC−0.0375%/8h= −41.1% APRpaid last 24h —
Price spread now: Gate against Deribit−0.261%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 −$11 a day on $10k at the current rate, and Gate is 0.261% cheaper against Deribit than usual: you would sell low and buy high (−$26 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 | 0.1380 | 0.0475 | pay 0.0059% / 1h | 29m 05s | — | — | 25x |
| Short | Gate DYDX_USDT | 0.1376 | 0.0100 | get 0.0100% / 8h | 1h 29m | $391K | $472K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$78.78
- Price spread: −0.261% → 0.000%
- −$26.09
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$126.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 52 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 Gate live order book, 52 min ago | 8.29 bp | 44.0 bp −$44 | 362.6 bp −$3,626 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0316% | 1h | 0.1377 | −0.217% | $6K | $51K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1379 | −0.080% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1381 | +0.094% | $2.1M | $740K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.171% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.143% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1377 | −0.239% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1379 | −0.094% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1380 | 0.000% | $52K | $19K | 5x | as long as short |
| Gate DYDX_USDTshort | +0.0100% | 8h | 0.1376 | −0.261% | $391K | $472K | 75x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1378 | −0.145% | $3.4M | $867K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1379 | −0.072% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1379 | −0.072% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1378 | −0.145% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1378 | −0.163% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | 0.000% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0108% | 8h | 0.1375 | −0.362% | $299K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1378 | −0.128% | $935 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0475% | 1h | 0.1380 | long leg | — | — | 25x | |
| Kraken Futures PF_DYDXUSD | +0.0574% | 1h | 0.1380 | −0.026% | $316K | $326K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.290% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2651% | 1h | 0.1377 | −0.230% | $78K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Gate DYDX_USDT
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX