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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.072%
Price spread now: Coinbase International against Kraken Futures+0.157%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.157% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DYDXUSD0.13460.0690pay 0.0086% / 1h49m 15s$306K$290K20x
ShortCoinbase International DYDX-PERP-INTX0.13480.0944get 0.0118% / 1h49m 15s$15K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Kraken Futures. 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
$53.39
Price spread: +0.157% → 0.000%
$15.68
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$49.07
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: Kraken Futures: live order book, 61 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 Kraken Futures live order book, 61 min ago8.88 bp66.5 bp −$67doesn'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 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%1h0.1344−0.140%25xas long as short
Gate DYDX_USDT+0.0078%8h0.1344−0.103%$359K$423K75xas long as short
Lighter DYDX+0.0096%1h0.1345−0.066%$60K$39K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1346+0.038%$2.0M$701K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1346−0.016%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1345−0.066%$5.2M$7.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1345−0.088%$4.7M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1344−0.103%$2.1M$2.6M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1346+0.008%$51K$21K5xas long as short
MEXC DYDX_USDT+0.0100%8h0.1345−0.066%$3.0M$717K125xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1345−0.066%$2.3M$3.2M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1345−0.066%$1.3M$755K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1345−0.066%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1344−0.131%$7K$400K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1345−0.066%$49K3xas long as short
BloFin DYDX-USDT+0.0123%8h0.1345−0.066%$292K$31K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1346+0.019%$913100xas long as short
Kraken Futures PF_DYDXUSDlong+0.0690%1h0.1346long leg$306K$290K20x
Coinbase International DYDX-PERP-INTXshort+0.0944%1h0.1348+0.157%$15K$25K50x
dYdX DYDX-USD+0.4632%1h0.1345−0.091%$76K$2K5xas long as short
Injective DYDX/USDC PERP+0.4938%1h0.1369+1.717%$6K$48K12xas long as short