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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0214%/8h= −23.5% APRnext payment $0.27 per $10,000 · paid last 24h −0.466%
Price spread now: Injective against Lighter−0.146%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−0.633%−$63 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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 0.146% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DYDX0.13740.0096pay 0.0012% / 1h55m 08s$62K$48K5x
ShortInjective DYDX/USDC PERP0.1372−0.0118pay 0.0015% / 1h55m 08s$6K$52K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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
−$45.02
Price spread: −0.146% → 0.000%
−$14.56
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$59.6
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Injective: 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 Lighter no order-book sample
Sell Injective no order-book sample
Lighter and Injective: 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 20 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 PERPshort−0.0118%1h0.1372−0.146%$6K$52K12x
Lighter DYDXlong+0.0096%1h0.1374long leg$62K$48K5x
Hyperliquid DYDX+0.0100%1h0.1376+0.131%$2.1M$721K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1374+0.031%$5K$11K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1375+0.037%$5.3M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1372−0.131%$4.6M$2.4M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1374+0.029%$2.2M$3.3M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1376+0.146%$53K$20K5xas long as short
Gate DYDX_USDT+0.0100%8h0.1372−0.138%$389K$459K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1373−0.073%$3.0M$809K125xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DYDXUSDTM+0.0100%8h0.13740.000%$2.3M$3.8M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1373−0.073%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1373−0.073%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1373−0.041%$1K$107K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1373−0.090%$50K3xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1372−0.116%$931100xas long as short
Deribit DYDX_USDC-PERPETUAL+0.0478%1h0.13740.000%25xas long as short
Kraken Futures PF_DYDXUSD+0.0747%1h0.1374+0.022%$311K$352K20xas long as short
Coinbase International DYDX-PERP-INTX+0.0840%1h0.1378+0.291%$17K$37K50xas long as short
dYdX DYDX-USD+0.2296%1h0.1377+0.227%$78K$2K5xas long as short