Funding you earn now, next payment 08:00 UTC−0.9368%/8h= −1025.8% APRnext payment −$11.71 per $10,000 · paid last 24h −1.000%
Price spread now: Lighter against dYdX+0.116%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−4.036%−$404 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
The price spread pays, funding is against you. Lighter is 0.116% dearer against dYdX than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$281 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−4.036% in total) that is about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -4.036% in total (about -210.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DYDX-USD | 0.1345 | 0.9464 | pay 0.1183% / 1h | 15m 50s | $76K | $2K | 5x |
| Short | Lighter DYDX | 0.1346 | 0.0096 | get 0.0012% / 1h | 15m 50s | $60K | $50K | 5x |
dYdX DYDX-USD
Lighter DYDXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- −$1,967.35
- Price spread: +0.116% → 0.000%
- $11.57
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1,965.78
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
dYdX 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 | −0.0058% | 1h | 0.1342 | −0.197% | $6K | $48K | 12x | as long as short |
| Lighter DYDXshort | +0.0096% | 1h | 0.1346 | +0.116% | $60K | $50K | 5x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1349 | +0.324% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1346 | +0.116% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1347 | +0.175% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1346 | +0.093% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1348 | +0.212% | $2.1M | $2.9M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1348 | +0.250% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1346 | +0.108% | $375K | $430K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1346 | +0.101% | $2.8M | $782K | 125x | as long as short |
Injective DYDX/USDC PERP
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1346 | +0.101% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1347 | +0.175% | $1.4M | $877K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1348 | +0.250% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1346 | +0.074% | $1K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1345 | +0.038% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0115% | 8h | 0.1345 | +0.026% | $293K | $30K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1345 | +0.051% | $913 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0493% | 1h | 0.1346 | +0.101% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0853% | 1h | 0.1347 | +0.207% | $303K | $308K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1353 | +0.621% | $17K | $26K | 50x | as long as short |
| dYdX DYDX-USDlong | +0.9464% | 1h | 0.1345 | long leg | $76K | $2K | 5x |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX