Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.014%
Price spread now: Lighter against Binance+0.047%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.047%, 7d avg +0.028%
=Together, before fees+0.074%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.2041 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $44.5M | $85.3M | 75x |
| Short | Lighter DOT | 1.2046 | 0.0096 | get 0.0012% / 1h | 9m 43s | $272K | $630K | 10x |
Binance DOTUSDT
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: +0.047% → +0.028%
- $1.88
- Slippage, 4 orders
- −$29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.96
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Lighter: live order book, 51 min ago.
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 Binance live order book, 3 min ago | 0.41 bp | 9.3 bp −$9 | 15.4 bp −$154 | 58.7 bp −$5,872 | doesn't fit |
| Sell Lighter live order book, 51 min ago | 1.92 bp | 9.2 bp −$9 | 19.9 bp −$199 | doesn't fit | doesn't fit |
DOT on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1489% | 1h | 1.2058 | +0.144% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2048 | +0.064% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2060 | +0.160% | $198K | $2.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2049 | +0.066% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2052 | +0.095% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.172% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0063% | 8h | 1.2035 | −0.047% | $9.4M | $24.5M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0094% | 8h | 1.2047 | +0.052% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2046 | +0.047% | $272K | $630K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.2048 | +0.061% | $5.5M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2052 | +0.095% | $872K | $705K | 50x | as long as short |
| Binance DOTUSDTlong | +0.0100% | 8h | 1.2041 | long leg | $44.5M | $85.3M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2039 | −0.014% | $24.7M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2040 | −0.006% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2042 | +0.011% | $26.1M | $47.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2030 | −0.089% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2036 | −0.039% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2044 | +0.027% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2060 | +0.164% | $549K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2062 | +0.178% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2040 | −0.006% | $231K | $421K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2050 | +0.077% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2083 | +0.351% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2071 | +0.252% | $251K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2030 | −0.093% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2058 | +0.142% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2050 | +0.079% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0407% | 8h | 1.2070 | +0.243% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT