Funding you earn now, next payment 05:00 UTC−0.0555%/8h= −60.8% APRnext payment −$0.69 per $10,000 · paid last 24h −0.105%
Price spread now: Lighter against Kraken Futures−0.049%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−0.457%−$46 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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Lighter is 0.049% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 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 | Kraken Futures PF_DYDXUSD | 0.1382 | 0.0651 | pay 0.0081% / 1h | 54m 30s | $309K | $353K | 20x |
| Short | Lighter DYDX | 0.1381 | 0.0096 | get 0.0012% / 1h | 54m 30s | $61K | $48K | 5x |
Kraken Futures PF_DYDXUSD
Lighter DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$116.61
- Price spread: −0.049% → 0.000%
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$131.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 63 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 Kraken Futures live order book, 63 min ago | 10.23 bp | 95.4 bp −$95 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0091% | 8h | 0.1380 | −0.129% | $299K | $12K | 75x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1381 | −0.049% | $61K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1381 | −0.020% | $2.1M | $723K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.086% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1381 | −0.056% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.302% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1378 | −0.266% | $2.1M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1378 | −0.252% | $395K | $448K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.201% | $3.0M | $798K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | −0.056% | $2.4M | $3.7M | 50x | as long as short |
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.129% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | −0.056% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1381 | −0.084% | $5K | $115K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.129% | $50K | — | 3x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1380 | −0.129% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1379 | −0.188% | $935 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1383 | +0.088% | $54K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0475% | 1h | 0.1380 | −0.129% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0651% | 1h | 0.1382 | long leg | $309K | $353K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1385 | +0.233% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2406% | 1h | 0.1380 | −0.134% | $78K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD