Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DYDXUSDT | 0.1383 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $5.2M | $8.5M | 75x |
| Short | Lighter DYDX | 0.1383 | 0.0096 | get 0.0012% / 1h | 42m 22s | $62K | $47K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$0.84
- Price spread: −0.004% → 0.000%
- −$0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.22
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Lighter: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 3.62 bp | 15.3 bp −$15 | 78.9 bp −$789 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0316% | 1h | 0.1383 | −0.011% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1383 | −0.011% | — | — | 25x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1383 | −0.004% | $62K | $47K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1384 | +0.090% | $2.1M | $742K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | +0.037% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1383 | long leg | $5.2M | $8.5M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1383 | −0.047% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1385 | +0.105% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1385 | +0.134% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1383 | −0.011% | $392K | $471K | 75x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1382 | −0.083% | $3.4M | $853K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1384 | +0.061% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1383 | −0.011% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1383 | −0.011% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1383 | +0.003% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1381 | −0.168% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0120% | 8h | 0.1383 | −0.011% | $300K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1383 | +0.020% | $938 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0571% | 1h | 0.1385 | +0.161% | $321K | $325K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.061% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.3150% | 1h | 0.1382 | −0.066% | $79K | $2K | 5x | as long as short |
Binance DYDXUSDT
Lighter DYDX
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX