Settings8H · net · $10k
Funding arb · Price arb /

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.108%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.108% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DYDX0.13870.0096pay 0.0012% / 1h37m 49s$63K$46K5x
ShortBybit DYDXUSDT0.13860.0100get 0.0100% / 8h2h 37m$4.6M$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Lighter. 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

Funding earned
$0.84
Price spread: −0.108% → 0.000%
−$10.81
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.97
Costs to cover
0.110%
Break-even
181.8 days
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Bybit live order book, 5 min ago2.89 bp50.3 bp −$50225.0 bp −$2,250doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0395%1h0.1385−0.151%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1387−0.007%25xas long as short
Lighter DYDXlong+0.0096%1h0.1387long leg$63K$46K5x
Hyperliquid DYDX+0.0100%1h0.1389+0.166%$2.1M$722K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1387−0.030%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1387−0.026%$5.2M$8.6M75xas long as short
Bybit DYDXUSDTshort+0.0100%8h0.1386−0.108%$4.6M$2.4M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1388+0.072%$2.2M$3.5M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1388+0.065%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1386−0.079%$397K$484K75xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DYDX_USDT+0.0100%8h0.1386−0.079%$3.4M$815K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1388+0.065%$2.3M$4.1M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386−0.079%$1.4M$1.2M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1387−0.007%$8.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1387−0.039%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390+0.202%$50K3xas long as short
BloFin DYDX-USDT+0.0107%8h0.1385−0.151%$301K$16K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1386−0.052%$940100xas long as short
Kraken Futures PF_DYDXUSD+0.0350%1h0.1387+0.010%$325K$323K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0968%1h0.1390+0.209%$17K$31K50xas long as short
dYdX DYDX-USD+0.2542%1h0.1386−0.098%$79K$2K5xas long as short