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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.002%
Price spread now: BloFin against Hyperliquid−0.466%107s7-day average −0.135% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 3 days (all we have)+0.374%+$37 · spread now −0.466%, 7d avg −0.135%
Together, before fees+0.320%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.331% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.466% now, against its 7-day average of −0.135%). If the spread goes back, that is −$33 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13940.0100pay 0.0013% / 1h9m 30s$2.1M$733K5x
ShortBloFin DYDX-USDT0.13880.0111get 0.0111% / 8h7h 09m$299K$11K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.32
Price spread: −0.466% → −0.135%
−$33.07
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$51.75
Costs to cover
0.210%
Break-even
163.4 days
Slippage unknown: Hyperliquid: live order book, 1 min ago; BloFin: live order book, 57 min ago. Net counts fees only.

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, 1 min ago1.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 57 min ago3.61 bp29.6 bp −$3061.3 bp −$613282.7 bp −$28.3Kdoesn'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−0.0214%1h0.1389−0.394%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1391−0.251%25xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1391−0.235%$313K$334K20xas long as short
Lighter DYDX+0.0096%1h0.1392−0.208%$63K$48K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1394long leg$2.1M$733K5x
Aster DYDXUSDT+0.0100%8h0.1391−0.221%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1392−0.179%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1391−0.237%$4.7M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1392−0.172%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1394−0.036%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1391−0.244%$386K$462K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1391−0.251%$3.1M$918K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1393−0.108%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1392−0.179%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1392−0.179%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1391−0.247%$3K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1391−0.224%$50K3xas long as short
BloFin DYDX-USDTshort+0.0111%8h0.1388−0.466%$299K$11K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1392−0.211%$944100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1394−0.036%$18K$31K50xas long as short
dYdX DYDX-USD+0.2574%1h0.1391−0.260%$79K$2K5xas long as short