DYDX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0792%/8h= −86.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.243%

Price spread now: Lighter against Coinbase International+0.167%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Lighter is 0.167% dearer against Coinbase International than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DYDX-PERP-INTX	0.1378	0.0888	pay 0.0111% / 1h	14m 59s	$16K	$29K	50x
Short	Lighter DYDX	0.1380	0.0096	get 0.0012% / 1h	14m 59s	$62K	$47K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee LighterbpOrdersPrice spread, now +0.167%Rate

Funding earned: −$166.32
Price spread: +0.167% → 0.000%: $16.69
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$159.63
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Coinbase International and 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	−0.0316%	1h	0.1378	0.000%	$6K	$51K	12x	as long as short
Deribit DYDX_USDC-PERPETUAL	0.0000%	1h	0.1378	0.000%	—	—	25x	as long as short
Lighter DYDXshort	+0.0096%	1h	0.1380	+0.167%	$62K	$47K	5x
Hyperliquid DYDX	+0.0100%	1h	0.1382	+0.298%	$2.1M	$738K	5x	as long as short
Aster DYDXUSDT	+0.0100%	8h	0.1380	+0.144%	$6K	$12K	5x	as long as short
Binance DYDXUSDT	+0.0100%	8h	0.1380	+0.145%	$5.2M	$8.5M	75x	as long as short
Bybit DYDXUSDT	+0.0100%	8h	0.1379	+0.036%	$4.6M	$2.3M	75x	as long as short
OKX DYDX-USDT-SWAP	+0.0100%	8h	0.1381	+0.218%	$2.2M	$3.4M	20x	as long as short
Arcus DYDX-USD	+0.0100%	1h	0.1381	+0.218%	$53K	$19K	5x	as long as short
Gate DYDX_USDT	+0.0100%	8h	0.1379	+0.102%	$392K	$473K	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	0.1380	+0.145%	$3.4M	$870K	125x	as long as short
KuCoin DYDXUSDTM	+0.0100%	8h	0.1381	+0.218%	$2.3M	$4.1M	50x	as long as short
Bitget DYDXUSDT	+0.0100%	8h	0.1380	+0.145%	$1.4M	$1.1M	10x	as long as short
BingX DYDX-USDT	+0.0100%	8h	0.1380	+0.145%	—	$7.4M	—	as long as short
Extended DYDX-USD	+0.0104%	1h	0.1380	+0.125%	$3K	$109K	10x	as long as short
Aevo DYDX-PERP	+0.0104%	1h	0.1380	+0.145%	$50K	—	3x	as long as short
BloFin DYDX-USDT	+0.0122%	8h	0.1377	−0.073%	$297K	$14K	75x	as long as short
GMX DYDX/USD [WBTC.b-USDC]	L +0.0187% / S −0.0526%	1h	0.1379	+0.056%	$935	—	100x	as long as short
Kraken Futures PF_DYDXUSD	+0.0573%	1h	0.1381	+0.217%	$315K	$327K	20x	as long as short
Coinbase International DYDX-PERP-INTXlong	+0.0888%	1h	0.1378	long leg	$16K	$29K	50x
dYdX DYDX-USD	+0.2635%	1h	0.1379	+0.054%	$78K	$2K	5x	as long as short