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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.434%−$43 on $10k
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DYDXUSD0.13870.0079pay 0.0010% / 1h41m 06s$316K$328K20x
ShortLighter DYDX0.13860.0096get 0.0012% / 1h41m 06s$62K$48K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 37 min ago1.09 bp48.8 bp −$49doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0067%1h0.1388+0.071%$6K$52K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1385−0.146%25xas long as short
Kraken Futures PF_DYDXUSDlong+0.0079%1h0.1387long leg$316K$328K20x
BloFin DYDX-USDT+0.0092%8h0.1385−0.146%$299K$14K75xas long as short
Lighter DYDXshort+0.0096%1h0.1386−0.059%$62K$48K5x
Hyperliquid DYDX+0.0100%1h0.1389+0.114%$2.1M$737K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.115%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386−0.076%$5.2M$8.4M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384−0.210%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1387−0.030%$2.2M$3.4M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DYDX-USD+0.0100%1h0.1388+0.071%$53K$19K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1385−0.160%$385K$468K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1385−0.146%$3.3M$896K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1386−0.073%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386−0.073%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1385−0.146%$5.8Mas long as short
Extended DYDX-USD+0.0104%1h0.1385−0.113%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1385−0.130%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1387−0.028%$940100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1384−0.218%$16K$29K50xas long as short
dYdX DYDX-USD+0.2675%1h0.1385−0.130%$79K$2K5xas long as short