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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.121%
Price spread now: GMX against OKX−0.172%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.172% cheaper against OKX than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 32 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DYDX-USDT-SWAP0.13410.0100pay 0.0100% / 8h7h 28m$2.1M$2.8M20x
ShortGMX DYDX/USD [WBTC.b-USDC]0.1338L +0.0187% / S −0.0526%get 0.0066% / 1h28m 19s$908100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$89.36
Price spread: −0.172% → 0.000%
−$17.23
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$50.12
Costs to cover
0.220%
Break-even
3.1 days
Slippage unknown: OKX: live order book, 4 min ago; GMX: 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, 4 min ago2.98 bp24.3 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Gate DYDX_USDT−0.0088%8h0.1338−0.179%$364K$431K75xas long as short
Lighter DYDX+0.0096%1h0.1339−0.090%$59K$46K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1340−0.007%$2.0M$713K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1339−0.114%$6K$10K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1339−0.112%$5.2M$7.8M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1338−0.209%$4.6M$2.6M75xas long as short
OKX DYDX-USDT-SWAPlong+0.0100%8h0.1341long leg$2.1M$2.8M20x
MEXC DYDX_USDT+0.0100%8h0.1338−0.186%$2.8M$751K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1339−0.112%$2.3M$3.4M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1339−0.112%$1.3M$870K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DYDX-USDT+0.0100%8h0.1338−0.186%$3.0Mas long as short
BloFin DYDX-USDT+0.0102%8h0.1342+0.112%$292K$31K75xas long as short
Extended DYDX-USD+0.0104%1h0.1338−0.168%$3K$402K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1340−0.065%$49K3xas long as short
Arcus DYDX-USD+0.0117%1h0.1340−0.037%$51K$21K5xas long as short
GMX DYDX/USD [WBTC.b-USDC]shortL +0.0187% / S −0.0526%1h0.1338−0.172%$908100x
Injective DYDX/USDC PERP+0.0188%1h0.1346+0.410%$6K$48K12xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0497%1h0.1340−0.037%25xas long as short
Coinbase International DYDX-PERP-INTX+0.0992%1h0.1344+0.261%$16K$26K50xas long as short
Kraken Futures PF_DYDXUSD+0.1094%1h0.1340−0.021%$301K$300K20xas long as short
dYdX DYDX-USD+1.0518%1h0.1336−0.307%$76K$2K5xas long as short