Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Hyperliquid against Lighter+0.222%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.222% dearer against Lighter than usual: you sell high and buy low, +$22 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 | 0.1350 | 0.0096 | pay 0.0012% / 1h | 51m 24s | $60K | $46K | 5x |
| Short | Hyperliquid DYDX | 0.1353 | 0.0100 | get 0.0013% / 1h | 51m 24s | $2.0M | $713K | 5x |
Lighter DYDX
Hyperliquid DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.222% → 0.000%
- $22.22
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $14.06
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 0.37 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1348 | −0.170% | — | — | 25x | as long as short |
| Lighter DYDXlong | +0.0096% | 1h | 0.1350 | long leg | $60K | $46K | 5x | |
| Hyperliquid DYDXshort | +0.0100% | 1h | 0.1353 | +0.222% | $2.0M | $713K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.121% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.159% | $5.3M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1351 | +0.081% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | +0.163% | $2.1M | $2.9M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1348 | −0.156% | $368K | $427K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1352 | +0.126% | $2.9M | $747K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1350 | −0.022% | $2.3M | $3.4M | 50x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.200% | $1.4M | $876K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1351 | +0.052% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1351 | +0.025% | $4K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | −0.041% | $49K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0117% | 1h | 0.1353 | +0.200% | $51K | $21K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0126% | 8h | 0.1345 | −0.393% | $292K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1349 | −0.113% | $915 | — | 100x | as long as short |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1347 | −0.244% | $6K | $48K | 12x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1353 | +0.200% | $16K | $26K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1087% | 1h | 0.1349 | −0.062% | $303K | $303K | 20x | as long as short |
| dYdX DYDX-USD | +0.7815% | 1h | 0.1350 | −0.039% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Arcus DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD