Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance−0.049%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+0.024%+$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 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 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 | Binance DYDXUSDT | 0.1376 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $5.3M | $8.3M | 75x |
| Short | Lighter DYDX | 0.1375 | 0.0096 | get 0.0012% / 1h | 55m 44s | $62K | $48K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: −0.049% → 0.000%
- −$4.94
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 14 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 Binance live order book, 14 min ago | 3.65 bp | 21.7 bp −$22 | 85.9 bp −$859 | doesn't fit | doesn't fit |
| 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 20 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 | −0.0118% | 1h | 0.1372 | −0.282% | $6K | $52K | 12x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1375 | −0.049% | $62K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1377 | +0.096% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.100% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1376 | long leg | $5.3M | $8.3M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.151% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1373 | −0.195% | $2.2M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1382 | +0.445% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1377 | +0.103% | $390K | $459K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1377 | +0.081% | $3.1M | $809K | 125x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1378 | +0.154% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.081% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1378 | +0.154% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1377 | +0.083% | $1K | $107K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | +0.324% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1380 | +0.320% | $936 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0475% | 1h | 0.1381 | +0.372% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0744% | 1h | 0.1380 | +0.333% | $312K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1375 | −0.064% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2253% | 1h | 0.1378 | +0.188% | $78K | $2K | 5x | as long as short |
Binance DYDXUSDT
Lighter DYDX
Injective DYDX/USDC PERP
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX