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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h
Price spread now: Kraken Futures against Deribit+0.079%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 +$11 a day on $10k at the current rate, and Kraken Futures is 0.079% dearer against Deribit than usual: you sell high and buy low: +$8 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-PERPETUAL0.13470.0493pay 0.0062% / 1h12m 13s25x
ShortKraken Futures PF_DYDXUSD0.13480.0853get 0.0107% / 1h12m 13s$303K$303K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$75.55
Price spread: +0.079% → 0.000%
$7.86
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$66.4
Costs to cover
0.170%
Break-even
0.8 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 25 min ago. 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 Kraken Futures live order book, 25 min ago5.92 bp37.4 bp −$37doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0058%1h0.13470.000%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.13470.000%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1349+0.119%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1347−0.020%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1347−0.004%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1345−0.141%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1347−0.015%$2.1M$2.9M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1349+0.148%$51K$21K5xas long as short
Gate DYDX_USDT+0.0100%8h0.13470.000%$376K$431K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1346−0.074%$2.8M$784K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1348+0.074%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.13470.000%$1.4M$876K10xas long as short
BingX DYDX-USDT+0.0100%8h0.13470.000%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1346−0.048%$1K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1349+0.158%$49K3xas long as short
BloFin DYDX-USDT+0.0120%8h0.1348+0.074%$292K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1346−0.057%$913100xas long as short
Deribit DYDX_USDC-PERPETUALlong+0.0493%1h0.1347long leg25x
Kraken Futures PF_DYDXUSDshort+0.0853%1h0.1348+0.079%$303K$303K20x
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1353+0.445%$17K$26K50xas long as short
dYdX DYDX-USD+0.9347%1h0.1347+0.010%$77K$2K5xas long as short