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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h −0.003%
Price spread now: OKX against Hyperliquid−0.110%7-day average −0.048% · 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−0.091%−$9 on $10k
Price spread, last 7 days+0.148%+$15 · spread now −0.110%, 7d avg −0.048%
Together, before fees+0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.062% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DYDX0.13620.0171pay 0.0021% / 1h0m 47s$2.1M$722K5x
ShortOKX DYDX-USDT-SWAP0.13600.0100get 0.0100% / 8h3h 00m$2.1M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$14.82
Price spread: −0.110% → −0.048%
−$6.24
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.06
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago1.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.48 bp31.4 bp −$31doesn't fitdoesn't fitdoesn'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
Lighter DYDX+0.0096%1h0.1361−0.051%$60K$48K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1361−0.045%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1360−0.125%$5.3M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1358−0.250%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAPshort+0.0100%8h0.1360−0.110%$2.1M$3.2M20x
Gate DYDX_USDT+0.0100%8h0.1360−0.140%$384K$463K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1359−0.198%$2.9M$812K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1361−0.051%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1360−0.125%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1361−0.051%$3.0Mas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DYDX-USD+0.0104%1h0.1360−0.151%$3K$112K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1360−0.125%$49K3xas long as short
BloFin DYDX-USDT+0.0129%8h0.1366+0.316%$299K$12K75xas long as short
Hyperliquid DYDXlong+0.0171%1h0.1362long leg$2.1M$722K5x
Injective DYDX/USDC PERP+0.0178%1h0.1357−0.345%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1359−0.200%$922100xas long as short
Arcus DYDX-USD+0.0248%1h0.1362+0.022%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0485%1h0.1361−0.051%25xas long as short
Kraken Futures PF_DYDXUSD+0.0661%1h0.1362+0.021%$308K$349K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1368+0.463%$17K$37K50xas long as short
dYdX DYDX-USD+0.3127%1h0.1359−0.233%$77K$2K5xas long as short