Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h —
Price spread now: Lighter against Deribit+0.096%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—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 +$3 a day on $10k at the current rate, and Lighter is 0.096% dearer against Deribit than usual: you sell high and buy low: +$10 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 | Deribit DYDX_USDC-PERPETUAL | 0.1348 | 0 | get 0.0000% / 1h | 53m 38s | — | — | 25x |
| Short | Lighter DYDX | 0.1349 | 0.0096 | get 0.0012% / 1h | 53m 38s | $60K | $39K | 5x |
Deribit DYDX_USDC-PERPETUAL
Lighter DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $20.16
- Price spread: +0.096% → 0.000%
- $9.64
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $22.8
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Deribit 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 exchanges
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-PERPETUALlong | 0.0000% | 1h | 0.1348 | long leg | — | — | 25x | |
| Lighter DYDXshort | +0.0096% | 1h | 0.1349 | +0.096% | $60K | $39K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1351 | +0.185% | $2.0M | $701K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1349 | +0.068% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1349 | +0.068% | $5.2M | $7.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1348 | −0.037% | $4.7M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1348 | +0.022% | $2.1M | $2.6M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1350 | +0.148% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1347 | −0.052% | $360K | $422K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1348 | 0.000% | $3.0M | $717K | 125x | as long as short |
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1349 | +0.074% | $2.3M | $3.2M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1349 | +0.074% | $1.3M | $762K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1349 | +0.074% | — | $3.7M | — | as long as short |
| BloFin DYDX-USDT | +0.0102% | 8h | 0.1350 | +0.148% | $290K | $31K | 75x | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1348 | −0.025% | $7K | $400K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1348 | +0.006% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1348 | +0.003% | $914 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0688% | 1h | 0.1349 | +0.091% | $306K | $290K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0944% | 1h | 0.1360 | +0.890% | $16K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +0.4174% | 1h | 0.1349 | +0.057% | $77K | $2K | 5x | as long as short |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1369 | +1.558% | $6K | $48K | 12x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
BloFin DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD
Injective DYDX/USDC PERP