Funding you earn now, next payment 10:00 UTC−0.0848%/8h= −92.9% APRnext payment −$1.06 per $10,000 · paid last 24h −0.245%
Price spread now: Lighter against Coinbase International−0.434%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Lighter is 0.434% cheaper against Coinbase International than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DYDX-PERP-INTX | 0.1360 | 0.0944 | pay 0.0118% / 1h | 58m 08s | $16K | $25K | 50x |
| Short | Lighter DYDX | 0.1354 | 0.0096 | get 0.0012% / 1h | 58m 08s | $60K | $39K | 5x |
Coinbase International DYDX-PERP-INTX
Lighter DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$178.08
- Price spread: −0.434% → 0.000%
- −$43.38
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$231.46
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Coinbase International and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1353 | −0.515% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0077% | 8h | 0.1356 | −0.294% | $291K | $32K | 75x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1354 | −0.434% | $60K | $39K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1356 | −0.316% | $2.0M | $705K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1355 | −0.388% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.437% | $5.2M | $7.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.507% | $4.7M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1354 | −0.471% | $2.1M | $2.7M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1356 | −0.294% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.500% | $362K | $421K | 75x | as long as short |
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1354 | −0.441% | $3.0M | $717K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1355 | −0.368% | $2.3M | $3.2M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.441% | $1.4M | $762K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1354 | −0.441% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1354 | −0.468% | $1K | $394K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1354 | −0.471% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1354 | −0.453% | $918 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0685% | 1h | 0.1355 | −0.376% | $307K | $291K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXlong | +0.0944% | 1h | 0.1360 | long leg | $16K | $25K | 50x | |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1369 | +0.662% | $6K | $48K | 12x | as long as short |
| dYdX DYDX-USD | +0.8684% | 1h | 0.1355 | −0.353% | $77K | $3K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
dYdX DYDX-USD