Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Gate+0.282%63s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.282%, 7d avg +0.001%
=The price spread pays, funding is against you. BloFin is 0.281% dearer against Gate than usual: you sell high and buy low (spread +0.282% now, against its 7-day average of +0.001%): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DYDX_USDT | 0.1383 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $391K | $490K | 75x |
| Short | BloFin DYDX-USDT | 0.1387 | 0.0077 | get 0.0077% / 8h | 2h 12m | $303K | $15K | 75x |
Gate DYDX_USDT
BloFin DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$4.81
- Price spread: +0.282% → +0.001%
- $28.1
- Slippage, 4 orders
- −$102.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.85
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; BloFin: live order book, 5 min ago.
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 Gate live order book, 9 min ago | 8.29 bp | 47.5 bp −$48 | 311.9 bp −$3,119 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.61 bp | 9.6 bp −$10 | 27.5 bp −$275 | 207.0 bp −$20.7K | doesn't fit |
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 | −0.0395% | 1h | 0.1389 | +0.427% | $6K | $51K | 12x | as long as short |
| BloFin DYDX-USDTshort | +0.0077% | 8h | 0.1387 | +0.282% | $303K | $15K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1385 | +0.123% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1387 | +0.304% | $2.1M | $734K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | +0.073% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1384 | +0.086% | $5.3M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.051% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1385 | +0.166% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1385 | +0.137% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDTlong | +0.0100% | 8h | 0.1383 | long leg | $391K | $490K | 75x |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1384 | +0.065% | $3.4M | $840K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1385 | +0.137% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1385 | +0.137% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1384 | +0.065% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1384 | +0.079% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1384 | +0.074% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1384 | +0.090% | $939 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1387 | +0.261% | $322K | $324K | 20x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0473% | 1h | 0.1385 | +0.137% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1394 | +0.788% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2857% | 1h | 0.1384 | +0.097% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD