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+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against KuCoin−0.221%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1321.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.221%, 7d avg −0.055%
Together, before fees+0.395%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.165% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.055%). If the spread goes back, that is −$17 on $10k: about 30 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.127% in total) that is about 9.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DYDXUSDTM0.13600.0100pay 0.0100% / 8h1h 17m$2.3M$3.5M50x
ShortBloFin DYDX-USDT0.13570.0119get 0.0119% / 8h1h 17m$292K$17K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$3.89
Price spread: −0.221% → −0.055%
−$16.53
Slippage, 4 orders
−$107.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$144.4
Costs to cover
1.318%
Break-even
267.0 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 50 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 KuCoin live order book, 10 min ago3.69 bp44.2 bp −$44258.1 bp −$2,581doesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago14.74 bp22.9 bp −$2363.3 bp −$633238.8 bp −$23.9Kdoesn'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−0.0045%1h0.1358−0.147%$6K$48K12xas long as short
Lighter DYDX+0.0096%1h0.1359−0.081%$60K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.13600.000%$2.0M$726K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1358−0.124%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1358−0.147%$5.3M$8.1M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1358−0.176%$4.7M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1359−0.081%$2.1M$3.0M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1358−0.147%$377K$435K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1358−0.147%$2.9M$790K125xas long as short
KuCoin DYDXUSDTMlong+0.0100%8h0.1360long leg$2.3M$3.5M50x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DYDXUSDT+0.0100%8h0.1359−0.074%$1.4M$920K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1359−0.074%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1358−0.173%$1K$117K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1360−0.015%$49K3xas long as short
BloFin DYDX-USDTshort+0.0119%8h0.1357−0.221%$292K$17K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1358−0.174%$921100xas long as short
Arcus DYDX-USD+0.0239%1h0.13600.000%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0486%1h0.1359−0.074%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1361+0.074%$17K$28K50xas long as short
Kraken Futures PF_DYDXUSD+0.1028%1h0.1359−0.037%$309K$340K20xas long as short
dYdX DYDX-USD+0.5803%1h0.1358−0.149%$77K$2K5xas long as short