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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0753%/8h= −82.5% APRpaid last 24h −0.141%
Price spread now: Gate against Kraken Futures−0.252%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1911.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.586%−$59 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.252%, 7d avg −0.148%
Together, before fees−0.581%−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.103% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.148%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DYDXUSD0.13470.0853pay 0.0107% / 1h18m 44s$303K$310K20x
ShortGate DYDX_USDT0.13440.0100get 0.0100% / 8h18m 44s$375K$430K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$158.2
Price spread: −0.252% → −0.148%
−$10.33
Slippage, 4 orders
−$166.11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$359.64
Costs to cover
1.911%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 19 min ago; Gate: live order book, 17 min ago.

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, 19 min ago5.92 bp67.7 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 17 min ago3.71 bp49.5 bp −$49445.3 bp −$4,453doesn'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
Injective DYDX/USDC PERP−0.0058%1h0.1342−0.370%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1346−0.088%$60K$50K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1347+0.008%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1347+0.024%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1345−0.119%$5.2M$7.9M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1344−0.192%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1345−0.118%$2.1M$2.9M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1347+0.001%$51K$21K5xas long as short
Gate DYDX_USDTshort+0.0100%8h0.1344−0.252%$375K$430K75x
MEXC DYDX_USDT+0.0100%8h0.1345−0.148%$2.8M$782K125xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1346−0.073%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1345−0.148%$1.4M$890K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1344−0.222%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1345−0.146%$1K$401K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1346−0.085%$49K3xas long as short
BloFin DYDX-USDT+0.0118%8h0.1345−0.148%$293K$30K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1345−0.159%$913100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0493%1h0.1347+0.001%25xas long as short
Kraken Futures PF_DYDXUSDlong+0.0853%1h0.1347long leg$303K$310K20x
Coinbase International DYDX-PERP-INTX+0.1000%1h0.1353+0.446%$17K$26K50xas long as short
dYdX DYDX-USD+0.9378%1h0.1345−0.174%$76K$2K5xas long as short