DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0430%/8h= +47.0% APRnext payment +$0.54 per $10,000 · paid last 24h +0.109%

Price spread now: GMX against Lighter−0.042%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 pays, the price is against you. GMX is 0.042% cheaper against Lighter than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DYDX	0.1347	0.0096	pay 0.0012% / 1h	36m 45s	$60K	$48K	5x
Short	GMX DYDX/USD [WBTC.b-USDC]	0.1347	L +0.0187% / S −0.0526%	get 0.0066% / 1h	36m 45s	$913	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee LighterbpFee GMXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $90.2
Price spread: −0.042% → 0.000%: −$4.23
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $73.96
Costs to cover: 0.120%
Break-even: 1.3 days

Slippage unknown: Lighter: no order-book sample; GMX: 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 Lighter no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Lighter and GMX: 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	−0.0045%	1h	0.1348	+0.059%	$6K	$48K	12x	as long as short
Lighter DYDXlong	+0.0096%	1h	0.1347	long leg	$60K	$48K	5x
Hyperliquid DYDX	+0.0100%	1h	0.1348	+0.096%	$2.0M	$721K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1347	−0.049%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1347	−0.015%	$5.2M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1345	−0.163%	$4.5M	$2.4M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1347	−0.015%	$2.1M	$3.1M	20x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1346	−0.082%	$378K	$431K	75x	as long as short
MEXC DYDX_USDT	+0.0100%	8h	0.1347	−0.015%	$2.8M	$789K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1348	+0.059%	$2.3M	$3.6M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DYDXUSDT	+0.0100%	8h	0.1347	−0.015%	$1.4M	$1.0M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1347	−0.015%	—	$3.0M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1347	+0.017%	$1K	$122K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1349	+0.137%	$49K	—	3x	as long as short
BloFin DYDX-USDT	+0.0113%	8h	0.1346	−0.089%	$292K	$15K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]short	L +0.0187% / S −0.0526%	1h	0.1347	−0.042%	$913	—	100x
Arcus DYDX-USD	+0.0239%	1h	0.1350	+0.208%	$52K	$20K	5x	as long as short
Deribit DYDX_USDC-PERPETUAL	+0.0493%	1h	0.1347	−0.015%	—	—	25x	as long as short
Coinbase International DYDX-PERP-INTX	+0.0992%	1h	0.1345	−0.163%	$17K	$31K	50x	as long as short
Kraken Futures PF_DYDXUSD	+0.1036%	1h	0.1348	+0.074%	$307K	$348K	20x	as long as short
dYdX DYDX-USD	+0.5366%	1h	0.1347	−0.017%	$77K	$2K	5x	as long as short