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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against OKX−0.065%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.065% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DYDX-USDT-SWAP0.13870.0100pay 0.0100% / 8h7h 30m$2.2M$3.4M20x
ShortDeribit DYDX_USDC-PERPETUAL0.13860get 0.0000% / 1h30m 15s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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
−$21
Price spread: −0.065% → 0.000%
−$6.49
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.49
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago2.53 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0214%1h0.1384−0.209%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUALshort0.0000%1h0.1386−0.065%25x
BloFin DYDX-USDT+0.0078%8h0.1385−0.137%$297K$11K75xas long as short
Kraken Futures PF_DYDXUSD+0.0095%1h0.1387+0.009%$312K$333K20xas long as short
Lighter DYDX+0.0096%1h0.1386−0.029%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1388+0.101%$2.1M$734K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1386−0.029%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386−0.029%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1385−0.108%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAPlong+0.0100%8h0.1387long leg$2.2M$3.4M20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1388+0.079%$54K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1386−0.079%$386K$458K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1386−0.065%$3.1M$916K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1388+0.079%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386−0.065%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1386−0.065%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1386−0.070%$3K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1386−0.068%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386−0.075%$940100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1390+0.224%$16K$29K50xas long as short
dYdX DYDX-USD+0.2403%1h0.1386−0.063%$79K$2K5xas long as short