Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit+0.139%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−0.012%−$1 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: Lighter is 0.139% dearer against Bybit than usual: you sell high and buy low, +$14 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 | Bybit DYDXUSDT | 0.1369 | 0.0100 | pay 0.0100% / 8h | 3h 24m | $4.6M | $2.5M | 75x |
| Short | Lighter DYDX | 0.1371 | 0.0096 | get 0.0012% / 1h | 24m 42s | $61K | $48K | 5x |
Bybit DYDXUSDT
Lighter DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.139% → 0.000%
- $13.88
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $2.04
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 0.37 bp | 40.3 bp −$40 | 218.6 bp −$2,186 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDXshort | +0.0096% | 1h | 0.1371 | +0.139% | $61K | $48K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | +0.314% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1373 | +0.273% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1371 | +0.144% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1369 | long leg | $4.6M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1371 | +0.132% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1370 | +0.102% | $392K | $455K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1372 | +0.234% | $2.9M | $807K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1372 | +0.234% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1371 | +0.161% | $1.4M | $1.0M | 10x | as long as short |
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1371 | +0.161% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1371 | +0.145% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1370 | +0.088% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0115% | 8h | 0.1373 | +0.307% | $299K | $12K | 75x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1373 | +0.307% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1370 | +0.107% | $929 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1373 | +0.307% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0480% | 1h | 0.1371 | +0.161% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0656% | 1h | 0.1372 | +0.216% | $312K | $350K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1379 | +0.745% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2998% | 1h | 0.1371 | +0.134% | $78K | $2K | 5x | as long as short |
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD