All ETH pairs

ETH funding carry: dYdX vs KuCoin

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
39.10%
Net APY on $10k
24.64%
Break-even
62.14h
Net positive for
331m
  • Net positive for only 331 min — needs ~62.14h to break even on entry/exit costs.
Short
kucoin perp
ETH/USDT
Trade on kucoin
Long
dydx perp
ETH/USD
Trade on dydx

Last 30 days

Above its costs
31.6% of the time
Net APY when above costs
20.85%
Net APY when below costs
-6.30%
Best single hour
99.84%

Measured on 420 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
dYdX 5 1 ETH-USD
KuCoin 6 2 ETHUSDTM

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