Funding you earn now, next payment 07:00 UTC−0.1031%/8h= −112.9% APRnext payment −$1.29 per $10,000 · paid last 24h —
Price spread now: Deribit against Kraken Futures−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Deribit is 0.111% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1355 | 0.1031 | pay 0.0129% / 1h | 29m 55s | $309K | $345K | 20x |
| Short | Deribit DYDX_USDC-PERPETUAL | 0.1354 | 0 | get 0.0000% / 1h | 29m 55s | — | — | 25x |
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$216.49
- Price spread: −0.111% → 0.000%
- −$11.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$244.55
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 13 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 13 min ago | 12.21 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0045% | 1h | 0.1353 | −0.184% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUALshort | 0.0000% | 1h | 0.1354 | −0.111% | — | — | 25x | |
| BloFin DYDX-USDT | +0.0080% | 8h | 0.1346 | −0.701% | $292K | $17K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1355 | −0.052% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1357 | +0.081% | $2.0M | $726K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1355 | −0.031% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1355 | −0.012% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.096% | $4.5M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1356 | +0.066% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1355 | −0.044% | $379K | $434K | 75x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1354 | −0.111% | $2.9M | $789K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1356 | +0.037% | $2.3M | $3.6M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1356 | +0.037% | $1.4M | $970K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1355 | −0.037% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1354 | −0.076% | $1K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1354 | −0.119% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1354 | −0.082% | $919 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1356 | +0.037% | $52K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1358 | +0.184% | $17K | $29K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.1031% | 1h | 0.1355 | long leg | $309K | $345K | 20x | |
| dYdX DYDX-USD | +0.5512% | 1h | 0.1354 | −0.121% | $77K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD