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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1347 | 0.0853 | pay 0.0107% / 1h | 18m 44s | $303K | $310K | 20x |
| Short | Gate DYDX_USDT | 0.1344 | 0.0100 | get 0.0100% / 8h | 18m 44s | $375K | $430K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 19 min ago | 5.92 bp | 67.7 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 3.71 bp | 49.5 bp −$49 | 445.3 bp −$4,453 | doesn't fit | doesn't fit |
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 | −0.0058% | 1h | 0.1342 | −0.370% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1346 | −0.088% | $60K | $50K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1347 | +0.008% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1347 | +0.024% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.119% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1344 | −0.192% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1345 | −0.118% | $2.1M | $2.9M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1347 | +0.001% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDTshort | +0.0100% | 8h | 0.1344 | −0.252% | $375K | $430K | 75x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1345 | −0.148% | $2.8M | $782K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1346 | −0.073% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.148% | $1.4M | $890K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1344 | −0.222% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1345 | −0.146% | $1K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1346 | −0.085% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0118% | 8h | 0.1345 | −0.148% | $293K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1345 | −0.159% | $913 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0493% | 1h | 0.1347 | +0.001% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0853% | 1h | 0.1347 | long leg | $303K | $310K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1353 | +0.446% | $17K | $26K | 50x | as long as short |
| dYdX DYDX-USD | +0.9378% | 1h | 0.1345 | −0.174% | $76K | $2K | 5x | as long as short |
Kraken Futures PF_DYDXUSD
Gate DYDX_USDT
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX