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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Lighter−0.036%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−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.036% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DYDX0.13670.0096pay 0.0012% / 1h10m 44s$61K$48K5x
ShortExtended DYDX-USD0.13670.0104get 0.0013% / 1h10m 44s$3K$112K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: −0.036% → 0.000%
−$3.61
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$6.93
Costs to cover
0.050%
Break-even
35.9 days
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 40 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 Extended live order book, 40 min ago6.87 bp33.1 bp −$33257.0 bp −$2,570doesn'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
Lighter DYDXlong+0.0096%1h0.1367long leg$61K$48K5x
Aster DYDXUSDT+0.0100%8h0.1368+0.094%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1367−0.007%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1365−0.168%$4.6M$2.5M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1366−0.059%$2.1M$3.2M20xas long as short
Gate DYDX_USDT+0.0100%8h0.1367−0.029%$387K$461K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1367−0.007%$2.9M$811K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1367−0.007%$2.3M$3.7M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1367−0.007%$1.4M$1.0M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1367−0.007%$3.0Mas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DYDX-USDshort+0.0104%1h0.1367−0.036%$3K$112K10x
Aevo DYDX-PERP+0.0104%1h0.1366−0.069%$50K3xas long as short
Hyperliquid DYDX+0.0106%1h0.1369+0.168%$2.1M$721K5xas long as short
BloFin DYDX-USDT+0.0125%8h0.1369+0.139%$299K$12K75xas long as short
Injective DYDX/USDC PERP+0.0178%1h0.1371+0.285%$6K$52K12xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1366−0.053%$926100xas long as short
Arcus DYDX-USD+0.0248%1h0.1370+0.212%$53K$20K5xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0482%1h0.1367−0.007%25xas long as short
Kraken Futures PF_DYDXUSD+0.0658%1h0.1368+0.059%$310K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1377+0.724%$17K$37K50xas long as short
dYdX DYDX-USD+0.2972%1h0.1368+0.077%$78K$2K5xas long as short