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

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0310%/8h= −33.9% APRnext payment $0.39 per $10,000 · paid last 24h −0.463%
Price spread now: Injective against Lighter−0.051%66s7-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−0.630%−$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 −$9 a day on $10k at the current rate, and Injective is 0.051% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DYDX0.13860.0096pay 0.0012% / 1h32m 06s$62K$48K5x
ShortInjective DYDX/USDC PERP0.1385−0.0214pay 0.0027% / 1h32m 06s$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
−$65
Price spread: −0.051% → 0.000%
−$5.05
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
−$70.07
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 21 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−0.0214%1h0.1385−0.051%$6K$52K12x
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1385−0.051%25xas long as short
Kraken Futures PF_DYDXUSD+0.0096%1h0.1386+0.038%$312K$333K20xas long as short
Lighter DYDXlong+0.0096%1h0.1386long leg$62K$48K5x
Hyperliquid DYDX+0.0100%1h0.1388+0.188%$2.1M$733K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1385−0.054%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1386+0.027%$5.2M$8.3M75xas long as short
Bybit DYDXUSDT+0.0100%8h0.1384−0.108%$4.6M$2.3M75xas long as short
OKX DYDX-USDT-SWAP+0.0100%8h0.1386+0.022%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1386+0.022%$54K$20K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1384−0.115%$385K$458K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1385−0.051%$3.1M$916K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1387+0.094%$2.4M$3.9M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1386+0.022%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1385−0.051%$3.0Mas long as short
Extended DYDX-USD+0.0104%1h0.1384−0.092%$3K$108K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1385−0.033%$50K3xas long as short
BloFin DYDX-USDT+0.0127%8h0.1386+0.022%$298K$11K75xas long as short
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1385−0.052%$939100xas long as short
Coinbase International DYDX-PERP-INTX+0.0648%1h0.1390+0.310%$16K$29K50xas long as short
dYdX DYDX-USD+0.2346%1h0.1384−0.124%$79K$2K5xas long as short