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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC0.000%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days−0.060%−$6 · spread now 0.000%, 7d avg +0.031%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.031% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYDX_USDT0.13640.0100pay 0.0100% / 8h6h 39m$3.0M$827K125x
ShortKuCoin DYDXUSDTM0.13640.0100get 0.0100% / 8h6h 39m$2.3M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: 0.000% → +0.031%
−$3.15
Slippage, 4 orders
−$111.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$130.45
Costs to cover
1.273%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago3.65 bp9.7 bp −$1044.8 bp −$448177.7 bp −$17.8K439.8 bp −$219.9K
Sell KuCoin live order book, 3 min ago3.65 bp60.2 bp −$60203.2 bp −$2,032doesn'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−0.0133%1h0.1362−0.147%$6K$52K12xas long as short
BloFin DYDX-USDT+0.0092%8h0.1377+0.953%$298K$11K75xas long as short
Lighter DYDX+0.0096%1h0.1363−0.073%$61K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1367+0.213%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1363−0.062%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1364−0.005%$5.2M$8.5M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1362−0.117%$4.5M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1365+0.073%$2.1M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.13640.000%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1363−0.095%$387K$458K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDTlong+0.0100%8h0.1364long leg$3.0M$827K125x
KuCoin DYDXUSDTMshort+0.0100%8h0.13640.000%$2.3M$3.9M50x
Bitget DYDXUSDT+0.0100%8h0.13640.000%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1363−0.073%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1364−0.029%$4K$110K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1364+0.037%$49K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1364+0.021%$924100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0483%1h0.1365+0.073%25xas long as short
Kraken Futures PF_DYDXUSD+0.0513%1h0.1366+0.182%$312K$350K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0704%1h0.1355−0.660%$17K$37K50xas long as short
dYdX DYDX-USD+0.2655%1h0.1364+0.028%$78K$2K5xas long as short