Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.054%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: Binance is 0.054% cheaper against Lighter 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 | Lighter DYDX | 0.1376 | 0.0096 | pay 0.0012% / 1h | 1m 22s | $62K | $47K | 5x |
| Short | Binance DYDXUSDT | 0.1375 | 0.0100 | get 0.0100% / 8h | 2h 01m | $5.2M | $8.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.054% → 0.000%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.52
- Costs to cover
- 0.100%
- Break-even
- 128.0 days
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 8 min ago. 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 Binance live order book, 8 min ago | 3.62 bp | 19.3 bp −$19 | 66.8 bp −$668 | 573.6 bp −$57.4K | doesn't fit |
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 | −0.0395% | 1h | 0.1389 | +0.937% | $6K | $51K | 12x | as long as short |
| Lighter DYDXlong | +0.0096% | 1h | 0.1376 | long leg | $62K | $47K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1379 | +0.196% | $2.1M | $735K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1375 | −0.096% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1375 | −0.054% | $5.2M | $8.6M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1375 | −0.094% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1376 | −0.015% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1377 | +0.065% | $52K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1374 | −0.138% | $389K | $491K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1375 | −0.080% | $3.4M | $850K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1376 | −0.007% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1375 | −0.080% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1375 | −0.080% | — | $8.0M | — | as long as short |
| BloFin DYDX-USDT | +0.0101% | 8h | 0.1376 | −0.007% | $301K | $15K | 75x | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1375 | −0.068% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1376 | −0.034% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1376 | −0.041% | $933 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0353% | 1h | 0.1377 | +0.100% | $320K | $324K | 20x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0477% | 1h | 0.1377 | +0.065% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1379 | +0.211% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2982% | 1h | 0.1375 | −0.070% | $78K | $2K | 5x | as long as short |
Lighter DYDX
Binance DYDXUSDT
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
BloFin DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX