Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against MEXC+0.045%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.023%+$2 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: Lighter is 0.045% dearer against MEXC than usual: you sell high and buy low, +$4 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 | MEXC DYDX_USDT | 0.1347 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $2.8M | $789K | 125x |
| Short | Lighter DYDX | 0.1348 | 0.0096 | get 0.0012% / 1h | 34m 51s | $60K | $48K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: +0.045% → 0.000%
- $4.45
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.39
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 3.71 bp | 9.6 bp −$10 | 34.0 bp −$340 | 152.0 bp −$15.2K | 366.6 bp −$183.3K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0045% | 1h | 0.1348 | +0.074% | $6K | $48K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0072% | 8h | 0.1351 | +0.297% | $293K | $18K | 75x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1348 | +0.045% | $60K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1348 | +0.111% | $2.0M | $722K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1347 | −0.020% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1347 | +0.023% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.126% | $4.5M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1348 | +0.074% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1346 | −0.052% | $378K | $432K | 75x | as long as short |
| MEXC DYDX_USDTlong | +0.0100% | 8h | 0.1347 | long leg | $2.8M | $789K | 125x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1349 | +0.148% | $2.3M | $3.6M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1348 | +0.074% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1347 | 0.000% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1347 | −0.023% | $1K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | +0.223% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1347 | +0.004% | $914 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1351 | +0.297% | $52K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0492% | 1h | 0.1348 | +0.074% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1352 | +0.371% | $17K | $31K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1037% | 1h | 0.1348 | +0.072% | $307K | $349K | 20x | as long as short |
| dYdX DYDX-USD | +0.5472% | 1h | 0.1347 | −0.025% | $77K | $2K | 5x | as long as short |
MEXC DYDX_USDT
Lighter DYDX
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD