Funding arb · Price arb /

DYDX

all DYDX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.2513%/8h= −275.2% APRnext payment −$3.14 per $10,000 · paid last 24h —

Price spread now: Deribit against dYdX+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Deribit is 0.026% dearer against dYdX than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$75 a day in funding at the current rate, which eats that in about under an hour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DYDX-USD	0.1371	0.2993	pay 0.0374% / 1h	25m 12s	$78K	$2K	5x
Short	Deribit DYDX_USDC-PERPETUAL	0.1371	0.0480	get 0.0060% / 1h	25m 12s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee DeribitbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$527.72
Price spread: +0.026% → 0.000%: $2.63
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$542.09
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Deribit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

dYdX and 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	0.1371	+0.055%	$61K	$48K	5x	as long as short
Hyperliquid DYDX	+0.0100%	1h	0.1373	+0.209%	$2.1M	$720K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1373	+0.156%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1371	+0.039%	$5.3M	$8.3M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1369	−0.127%	$4.6M	$2.5M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1371	−0.010%	$2.1M	$3.2M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1371	+0.012%	$392K	$455K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1372	+0.099%	$2.9M	$807K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1372	+0.099%	$2.3M	$3.7M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1371	+0.026%	$1.4M	$1.0M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DYDX-USDT	+0.0100%	8h	0.1371	+0.026%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1371	+0.011%	$3K	$112K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1370	−0.047%	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0115%	8h	0.1373	+0.172%	$299K	$12K	75x	as long as short
Injective DYDX/USDC PERP	+0.0178%	1h	0.1373	+0.172%	$6K	$52K	12x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1370	−0.028%	$929	—	100x	as long as short
Arcus DYDX-USD	+0.0248%	1h	0.1373	+0.172%	$53K	$20K	5x	as long as short
Deribit DYDX_USDC-PERPETUALshort	+0.0480%	1h	0.1371	+0.026%	—	—	25x
Kraken Futures PF_DYDXUSD	+0.0656%	1h	0.1372	+0.081%	$312K	$350K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0840%	1h	0.1379	+0.610%	$17K	$37K	50x	as long as short
dYdX DYDX-USDlong	+0.2993%	1h	0.1371	long leg	$78K	$2K	5x