DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.2571%/8h= −281.6% APRnext payment −$3.21 per $10,000 · paid last 24h −0.902%

Price spread now: Lighter against dYdX+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−3.780%−$378 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

The price spread pays, funding is against you. Lighter is 0.070% dearer against dYdX than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$77 a day in funding at the current rate, which eats that in about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DYDX-USD	0.1371	0.2667	pay 0.0333% / 1h	39m 38s	$78K	$2K	5x
Short	Lighter DYDX	0.1372	0.0096	get 0.0012% / 1h	39m 38s	$62K	$48K	5x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee LighterbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$540
Price spread: +0.070% → 0.000%: $7
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$543
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: dYdX: 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 dYdX no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

dYdX 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 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	−0.0118%	1h	0.1373	+0.114%	$6K	$52K	12x	as long as short
Lighter DYDXshort	+0.0096%	1h	0.1372	+0.070%	$62K	$48K	5x
Hyperliquid DYDX	+0.0100%	1h	0.1374	+0.201%	$2.1M	$718K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1374	+0.181%	$5K	$11K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1372	+0.038%	$5.3M	$8.3M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1370	−0.127%	$4.6M	$2.4M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1371	+0.004%	$2.2M	$3.3M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1373	+0.114%	$53K	$20K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1372	+0.019%	$388K	$460K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1371	−0.032%	$3.0M	$810K	125x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DYDXUSDTM	+0.0100%	8h	0.1373	+0.114%	$2.3M	$3.8M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1372	+0.041%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1372	+0.041%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1371	−0.017%	$4K	$110K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1373	+0.104%	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0123%	8h	0.1372	+0.041%	$299K	$12K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1372	+0.058%	$931	—	100x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0479%	1h	0.1373	+0.114%	—	—	25x	as long as short
Kraken Futures PF_DYDXUSD	+0.0747%	1h	0.1374	+0.198%	$311K	$352K	20x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0840%	1h	0.1378	+0.478%	$17K	$37K	50x	as long as short
dYdX DYDX-USDlong	+0.2667%	1h	0.1371	long leg	$78K	$2K	5x