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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.038%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$940.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.038%, 7d avg −0.002%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DYDX_USDT0.13300.0095pay 0.0095% / 8h5h 28m$358K$431K75x
ShortMEXC DYDX_USDT0.13300.0100get 0.0100% / 8h5h 28m$2.9M$739K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$1.05
Price spread: +0.038% → −0.002%
$3.94
Slippage, 4 orders
−$75.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$89.51
Costs to cover
0.945%
Break-even
603.7 days
Slippage from Gate: live order book, 16 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 16 min ago2.98 bp45.6 bp −$46365.6 bp −$3,656doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.76 bp11.1 bp −$1151.6 bp −$516158.5 bp −$15.9K344.1 bp −$172.1K

DYDX on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1331+0.113%25xas long as short
Gate DYDX_USDTlong+0.0095%8h0.1330long leg$358K$431K75x
Lighter DYDX+0.0096%1h0.1331+0.143%$59K$39K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1333+0.226%$2.0M$699K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1330+0.038%$5K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1331+0.113%$5.1M$7.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.13300.000%$4.6M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1330+0.045%$2.1M$2.6M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1333+0.263%$50K$21K5xas long as short
MEXC DYDX_USDTshort+0.0100%8h0.1330+0.038%$2.9M$739K125x
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1331+0.113%$2.3M$3.2M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1330+0.038%$1.3M$738K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1330+0.038%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1331+0.082%$3K$400K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1330+0.072%$48K3xas long as short
BloFin DYDX-USDT+0.0108%8h0.1330+0.038%$289K$41K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0184% / S −0.0355%1h0.1330+0.028%$684100xas long as short
Kraken Futures PF_DYDXUSD+0.0697%1h0.1332+0.180%$304K$292K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0944%1h0.1326−0.263%$16K$26K50xas long as short
Injective DYDX/USDC PERP+0.4938%1h0.1324−0.414%$6K$48K12xas long as short
dYdX DYDX-USD+0.5258%1h0.1331+0.089%$76K$2K5xas long as short