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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0740%/8h= +81.0% APRnext payment +$0.93 per $10,000 · paid last 24h +0.238%
Price spread now: Coinbase International against Hyperliquid+0.357%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 0.357% dearer against Hyperliquid than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13730.0100pay 0.0013% / 1h39m 08s$2.1M$718K5x
ShortCoinbase International DYDX-PERP-INTX0.13780.0840get 0.0105% / 1h39m 08s$17K$37K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$155.4
Price spread: +0.357% → 0.000%
$35.69
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$172.09
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 2 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago1.09 bp19.6 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0118%1h0.1372−0.080%$6K$52K12xas long as short
BloFin DYDX-USDT+0.0080%8h0.1373−0.007%$298K$12K75xas long as short
Lighter DYDX+0.0096%1h0.1371−0.175%$62K$48K5xas long as short
Hyperliquid DYDXlong+0.0100%1h0.1373long leg$2.1M$718K5x
Aster DYDXUSDT+0.0100%8h0.1372−0.116%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1371−0.153%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1369−0.299%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1371−0.189%$2.1M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1373−0.007%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1371−0.182%$387K$460K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1371−0.153%$3.0M$810K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1372−0.080%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1371−0.153%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1371−0.153%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1370−0.189%$4K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1371−0.168%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1370−0.258%$929100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0480%1h0.1371−0.153%25xas long as short
Kraken Futures PF_DYDXUSD+0.0749%1h0.1371−0.144%$311K$352K20xas long as short
Coinbase International DYDX-PERP-INTXshort+0.0840%1h0.1378+0.357%$17K$37K50x
dYdX DYDX-USD+0.2667%1h0.1371−0.121%$78K$2K5xas long as short