Funding you earn now, next payment 02:00 UTC+0.0744%/8h= +81.5% APRnext payment +$0.93 per $10,000 · paid last 24h +0.242%
Price spread now: Coinbase International against Lighter+0.862%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 0.862% dearer against Lighter than usual: you sell high and buy low: +$86 more if the spread 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 | 0.1368 | 0.0096 | pay 0.0012% / 1h | 5m 19s | $61K | $48K | 5x |
| Short | Coinbase International DYDX-PERP-INTX | 0.1380 | 0.0840 | get 0.0105% / 1h | 5m 19s | $17K | $37K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $156.24
- Price spread: +0.862% → 0.000%
- $86.24
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $232.48
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Coinbase International: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Lighter and Coinbase International: 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 | −0.0118% | 1h | 0.1368 | −0.015% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0092% | 8h | 0.1379 | +0.789% | $302K | $12K | 75x | as long as short |
| Lighter DYDXlong | +0.0096% | 1h | 0.1368 | long leg | $61K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1371 | +0.227% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.113% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.088% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1365 | −0.263% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1366 | −0.124% | $2.1M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1370 | +0.132% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1366 | −0.190% | $385K | $475K | 75x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1369 | +0.058% | $3.0M | $814K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1368 | −0.015% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.088% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1368 | −0.015% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1367 | −0.113% | $3K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1369 | +0.036% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1367 | −0.080% | $928 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0482% | 1h | 0.1367 | −0.088% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0749% | 1h | 0.1370 | +0.132% | $309K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTXshort | +0.0840% | 1h | 0.1380 | +0.862% | $17K | $37K | 50x | |
| dYdX DYDX-USD | +0.3009% | 1h | 0.1367 | −0.115% | $78K | $2K | 5x | as long as short |
Lighter DYDX
Coinbase International DYDX-PERP-INTX
Injective DYDX/USDC PERP
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]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD