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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Binance against Hyperliquid−0.194%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days+0.169%+$17 · spread now −0.194%, 7d avg −0.076%
Together, before fees+0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 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: Binance is 0.118% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13920.0100pay 0.0013% / 1h53m 35s$2.1M$736K5x
ShortBinance DYDXUSDT0.13890.0100get 0.0100% / 8h53m 35s$5.2M$8.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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
$0
Price spread: −0.194% → −0.076%
−$11.77
Slippage, 4 orders
−$86.51
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$117.28
Costs to cover
1.055%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Binance: live order book, 1 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 Hyperliquid live order book, 7 min ago1.44 bp35.6 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago3.60 bp21.7 bp −$2276.3 bp −$763547.7 bp −$54.8Kdoesn't fit

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−0.0067%1h0.1388−0.266%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1390−0.122%25xas long as short
Kraken Futures PF_DYDXUSD+0.0078%1h0.1391−0.037%$318K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1390−0.144%$62K$48K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1392long leg$2.1M$736K5x
Aster DYDXUSDT+0.0100%8h0.1390−0.137%$6K$12K5xas long as short
Binance DYDXUSDTshort+0.0100%8h0.1389−0.194%$5.2M$8.4M75x
Bybit DYDXUSDT+0.0100%8h0.1389−0.208%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1391−0.022%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1392+0.022%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1389−0.194%$386K$467K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1388−0.266%$3.4M$860K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1390−0.122%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1390−0.122%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1389−0.194%$5.8Mas long as short
Extended DYDX-USD+0.0104%1h0.1389−0.214%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390−0.106%$50K3xas long as short
BloFin DYDX-USDT+0.0107%8h0.1386−0.410%$298K$14K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1390−0.114%$942100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1384−0.553%$16K$29K50xas long as short
dYdX DYDX-USD+0.2726%1h0.1390−0.136%$79K$2K5xas long as short