Funding you earn now, next payment 09:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against dYdX+0.106%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$3133.130% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.106%, 7d avg −0.020%
=Together, before fees−0.058%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.127% dearer against dYdX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX AVAX-USD | 10.709 | 0 | get 0.0000% / 1h | 55m 10s | $91K | $111K | 10x |
| Short | Lighter AVAX | 10.720 | 0.0096 | get 0.0012% / 1h | 55m 10s | $1.1M | $2.0M | 10x |
dYdX AVAX-USD
Lighter AVAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.16
- Price spread: +0.106% → −0.020%
- $12.65
- Slippage, 4 orders
- −$302.99
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$280.18
- Costs to cover
- 3.130%
- Break-even
- 104.3 days
Slippage from dYdX: live order book, 44 min ago; Lighter: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX live order book, 44 min ago | 148.19 bp | 154.1 bp −$154 | 154.1 bp −$1,541 | 185.8 bp −$18.6K | 443.7 bp −$221.8K |
| Sell Lighter live order book, 1 min ago | 2.38 bp | 2.4 bp −$2 | 8.7 bp −$87 | 79.2 bp −$7,922 | doesn't fit |
AVAX on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AVAX-PERP | −0.0298% | 1h | 10.709 | −0.001% | $289K | $323K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0267% | 1h | 10.721 | +0.112% | $3.8M | $11.6M | 50x | as long as short |
| Gate AVAX_USDT | −0.0141% | 8h | 10.727 | +0.171% | $13.4M | $28.4M | 75x | as long as short |
| Variational Omni AVAX | −0.0075% | 8h | 10.715 | +0.057% | $2.9M | $2.1M | — | as long as short |
| dYdX AVAX-USDlong | 0.0000% | 1h | 10.709 | long leg | $91K | $111K | 10x | |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.717 | +0.078% | $4.8M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.718 | +0.087% | $12K | — | 150x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0032% | 8h | 10.719 | +0.097% | $345K | $1.2M | 10x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.480% | $17K | $151K | 12x | as long as short |
| SoDEX AVAX-USD | +0.0071% | 1h | 10.717 | +0.078% | $18K | $68K | 10x | as long as short |
Nado AVAX-PERP
Kraken Futures PF_AVAXUSD
Gate AVAX_USDT
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
GRVT AVAX_USDT_Perp
Injective AVAX/USDC PERP
SoDEX AVAX-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.0072% | 1h | 10.707 | −0.015% | $25K | $465K | 50x | as long as short |
| Phemex AVAXUSDT | +0.0090% | 8h | 10.720 | +0.106% | $28.6M | $5.7M | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0093% | 8h | 10.701 | −0.069% | $12K | $212 | 20x | as long as short |
| Lighter AVAXshort | +0.0096% | 1h | 10.720 | +0.106% | $1.1M | $2.0M | 10x | |
| Hyperliquid AVAX | +0.0100% | 1h | 10.736 | +0.255% | $36.8M | $40.8M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.734 | +0.237% | $2.2M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.709 | +0.005% | $269K | $128K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.735 | +0.246% | $113.6M | $400.8M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.733 | +0.227% | $83.9M | $139.9M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.734 | +0.237% | $18.8M | $106.8M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.727 | +0.171% | $52.8M | $78.7M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.722 | +0.125% | $13.8M | $21.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.728 | +0.181% | $32.7M | $45.7M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.730 | +0.199% | — | $53.3M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.731 | +0.209% | $437K | $531K | 15x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.722 | +0.125% | $173K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.715 | +0.059% | $135K | $287K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.723 | +0.134% | $232K | $254K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.743 | +0.323% | $11K | $770K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.704 | −0.047% | $330K | $873K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.710 | +0.012% | $601K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.713 | +0.036% | $246K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.729 | +0.190% | $837K | $5.1M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.724 | +0.143% | $4.7M | $5.4M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.711 | +0.021% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0443% / S −0.0294% | 1h | 10.718 | +0.092% | $226K | — | 120x | as long as short |
Popdex AVAXUSDT
Phemex AVAXUSDT
Paradex AVAX-USD-PERP
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]