All BTC pairs

BTC funding carry: dYdX vs MEXC

Entering and exiting this pair costs 14 bps of notional at taker fees (2 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
12.67%
Net APY on $10k
-4.88%
Break-even
232.66h
  • Net not positive at the reference profile
Short
mexc perp
BTC/USDT
Trade on mexc
Long
dydx perp
BTC/USD
Trade on dydx

Last 30 days

Above its costs
23.8% of the time
Net APY when above costs
10.44%
Net APY when below costs
-3.68%
Best single hour
68.21%

Measured on 420 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
dYdX 5 1 BTC-USD
MEXC 2 0 BTC_USDT

Other BTC pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 245h (10d) 35h
10% 123h (5d) 18h
20% 61h (2d) 9h
50% 25h 4h