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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.149%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.149%, 7d avg +0.001%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.148% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13430.0100pay 0.0100% / 8h5h 48m$2.9M$717K125x
ShortBloFin DYDX-USDT0.13450.0123get 0.0123% / 8h5h 48m$292K$31K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$4.77
Price spread: +0.149% → +0.001%
$14.78
Slippage, 4 orders
−$44.93
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$41.37
Costs to cover
0.609%
Break-even
67.7 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 58 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 MEXC live order book, 1 min ago3.72 bp6.4 bp −$636.9 bp −$369157.7 bp −$15.8K332.7 bp −$166.4K
Sell BloFin live order book, 58 min ago11.11 bp22.9 bp −$2355.5 bp −$555259.5 bp −$25.9Kdoesn't fit

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+0.074%25xas long as short
Gate DYDX_USDT+0.0078%8h0.1344+0.074%$359K$423K75xas long as short
Lighter DYDX+0.0096%1h0.1345+0.149%$60K$39K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1347+0.290%$2.0M$701K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1344+0.093%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1344+0.074%$5.2M$7.6M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.13430.000%$4.7M$2.6M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1343+0.037%$2.1M$2.6M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1346+0.223%$51K$21K5xas long as short
MEXC DYDX_USDTlong+0.0100%8h0.1343long leg$2.9M$717K125x
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.1345+0.149%$2.3M$3.2M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1344+0.074%$1.3M$755K10xas long as short
BingX DYDX-USDT+0.0100%8h0.1345+0.149%$3.7Mas long as short
Extended DYDX-USD+0.0104%1h0.1345+0.117%$7K$400K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1345+0.149%$49K3xas long as short
BloFin DYDX-USDTshort+0.0123%8h0.1345+0.149%$292K$31K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1346+0.235%$913100xas long as short
Kraken Futures PF_DYDXUSD+0.0690%1h0.1346+0.215%$306K$290K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0944%1h0.1348+0.372%$15K$25K50xas long as short
dYdX DYDX-USD+0.4632%1h0.1345+0.124%$76K$2K5xas long as short
Injective DYDX/USDC PERP+0.4938%1h0.1369+1.936%$6K$48K12xas long as short