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
Funding, last 7 days+0.012%+$1 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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DYDX | 0.1387 | 0.0096 | pay 0.0012% / 1h | 37m 49s | $63K | $46K | 5x |
| Short | Bybit DYDXUSDT | 0.1386 | 0.0100 | get 0.0100% / 8h | 2h 37m | $4.6M | $2.4M | 75x |
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 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: −0.108% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 2.89 bp | 50.3 bp −$50 | 225.0 bp −$2,250 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0395% | 1h | 0.1385 | −0.151% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | −0.007% | — | — | 25x | as long as short |
| Lighter DYDXlong | +0.0096% | 1h | 0.1387 | long leg | $63K | $46K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1389 | +0.166% | $2.1M | $722K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1387 | −0.030% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1387 | −0.026% | $5.2M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1386 | −0.108% | $4.6M | $2.4M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1388 | +0.072% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.065% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.079% | $397K | $484K | 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 | 0.1386 | −0.079% | $3.4M | $815K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1388 | +0.065% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.079% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1387 | −0.007% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1387 | −0.039% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | +0.202% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0107% | 8h | 0.1385 | −0.151% | $301K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1386 | −0.052% | $940 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1387 | +0.010% | $325K | $323K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1390 | +0.209% | $17K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2542% | 1h | 0.1386 | −0.098% | $79K | $2K | 5x | as long as short |
Lighter DYDX
Bybit DYDXUSDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Hyperliquid DYDX
Aster DYDXUSDT
Binance 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