Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.078%
Price spread now: Lighter against Kraken Futures−0.059%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−0.434%−$43 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 pays, the price is against you. Lighter is 0.059% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.434%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1387 | 0.0079 | pay 0.0010% / 1h | 41m 06s | $316K | $328K | 20x |
| Short | Lighter DYDX | 0.1386 | 0.0096 | get 0.0012% / 1h | 41m 06s | $62K | $48K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- $3.63
- Price spread: −0.059% → 0.000%
- −$5.9
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.27
- Costs to cover
- 0.100%
- Break-even
- 30.6 days
Slippage unknown: Kraken Futures: live order book, 37 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 Kraken Futures live order book, 37 min ago | 1.09 bp | 48.8 bp −$49 | doesn't fit | 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 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 | −0.0067% | 1h | 0.1388 | +0.071% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1385 | −0.146% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0079% | 1h | 0.1387 | long leg | $316K | $328K | 20x | |
| BloFin DYDX-USDT | +0.0092% | 8h | 0.1385 | −0.146% | $299K | $14K | 75x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1386 | −0.059% | $62K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1389 | +0.114% | $2.1M | $737K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.115% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.076% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.210% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1387 | −0.030% | $2.2M | $3.4M | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.071% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.160% | $385K | $468K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1385 | −0.146% | $3.3M | $896K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1386 | −0.073% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.073% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1385 | −0.146% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1385 | −0.113% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1385 | −0.130% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1387 | −0.028% | $940 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | −0.218% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2675% | 1h | 0.1385 | −0.130% | $79K | $2K | 5x | as long as short |
Kraken Futures PF_DYDXUSD
Lighter DYDX
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance 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]
Coinbase International DYDX-PERP-INTX