All ETH pairs

ETH funding carry: Bitget vs dYdX

Entering and exiting this pair costs 22 bps of notional at taker fees (6 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
45.54%
Net APY on $10k
28.74%
Break-even
61.96h
Net positive for
724m
  • Net positive for only 724 min — needs ~61.96h to break even on entry/exit costs.
Short
bitget perp
ETH/USDT
Trade on bitget
Long
dydx perp
ETH/USD
Trade on dydx

Last 30 days

Above its costs
37.3% of the time
Net APY when above costs
20.53%
Net APY when below costs
-6.24%
Best single hour
102.82%

Measured on 420 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Bitget 6 2 ETHUSDT
dYdX 5 1 ETH-USD

Other ETH 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% 385h (16d) 105h (4d)
10% 193h (8d) 53h (2d)
20% 96h (4d) 26h
50% 39h 11h