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
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 +$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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DYDX_USDC-PERPETUAL | 0.1347 | 0.0493 | pay 0.0062% / 1h | 12m 13s | — | — | 25x |
| Short | Kraken Futures PF_DYDXUSD | 0.1348 | 0.0853 | get 0.0107% / 1h | 12m 13s | $303K | $303K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 25 min ago | 5.92 bp | 37.4 bp −$37 | doesn't fit | 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 | −0.0058% | 1h | 0.1347 | 0.000% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1347 | 0.000% | $60K | $50K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1349 | +0.119% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.020% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.004% | $5.2M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.141% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1347 | −0.015% | $2.1M | $2.9M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1349 | +0.148% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1347 | 0.000% | $376K | $431K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1346 | −0.074% | $2.8M | $784K | 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 | 0.1348 | +0.074% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1347 | 0.000% | $1.4M | $876K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1347 | 0.000% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1346 | −0.048% | $1K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1349 | +0.158% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0120% | 8h | 0.1348 | +0.074% | $292K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1346 | −0.057% | $913 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUALlong | +0.0493% | 1h | 0.1347 | long leg | — | — | 25x | |
| Kraken Futures PF_DYDXUSDshort | +0.0853% | 1h | 0.1348 | +0.079% | $303K | $303K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1353 | +0.445% | $17K | $26K | 50x | as long as short |
| dYdX DYDX-USD | +0.9347% | 1h | 0.1347 | +0.010% | $77K | $2K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX