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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX−0.024%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.024%, 7d avg +0.043%
Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.067% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DOT-USDT1.18630.0100pay 0.0100% / 8h2h 41m$28.5M
ShortLighter DOT1.18600.0096get 0.0012% / 1h41m 00s$259K$563K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
−$0.84
Price spread: −0.024% → +0.043%
−$6.68
Slippage, 4 orders
−$15.85
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$33.37
Costs to cover
0.258%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Lighter: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago0.42 bp5.4 bp −$511.5 bp −$11525.2 bp −$2,52499.6 bp −$49.8K
Sell Lighter live order book, 43 min ago2.66 bp11.2 bp −$1121.2 bp −$212doesn't fitdoesn't fit

DOT on 29 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
Deribit DOT_USDC-PERPETUAL−0.0760%1h1.1870+0.059%$217K$118K50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1856−0.057%$257as long as short
Kraken Futures PF_DOTUSD−0.0129%1h1.1866+0.028%$4.4M$1.3M50xas long as short
Injective DOT/USDC PERP−0.0080%1h1.1820−0.362%$323$83K12xas long as short
Coinbase International DOT-PERP-INTX−0.0064%1h1.1850−0.110%$189K$1.8M50xas long as short
OKX DOT-USDT-SWAP−0.0039%8h1.18630.000%$9.3M$22.9M50xas long as short
dYdX DOT-USD0.0000%1h1.1859−0.038%$143K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1863−0.001%$3K150xas long as short
KuCoin DOTUSDTM+0.0039%8h1.1859−0.034%$6.7M$8.6M75xas long as short
Backpack DOT_USDC_PERP+0.0066%1h1.1864+0.008%$95K$120K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DOT_USDT+0.0089%8h1.18630.000%$32.0M$34.0M300xas long as short
Binance DOTUSDT+0.0092%8h1.1863+0.002%$43.8M$79.7M75xas long as short
Lighter DOTshort+0.0096%1h1.1860−0.024%$259K$563K10x
Extended DOT-USD+0.0096%1h1.1855−0.068%$15K$240K25xas long as short
Hyperliquid DOT+0.0100%1h1.1870+0.059%$5.3M$3.1M10xas long as short
Aster DOTUSDT+0.0100%8h1.1851−0.098%$888K$647K50xas long as short
Bybit DOTUSDT+0.0100%8h1.1861−0.017%$24.4M$17.6M75xas long as short
Gate DOT_USDT+0.0100%8h1.1860−0.025%$6.8M$11.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.18630.000%$22.8M$13.4M75xas long as short
BingX DOT-USDTlong+0.0100%8h1.1863long leg$28.5M
Variational Omni DOT+0.0100%8h1.1795−0.577%$537K$91Kas long as short
edgeX DOTUSDC+0.0100%4h1.1806−0.478%$34K$333K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1806−0.481%$229K$469K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1850−0.110%$8K$27K10xas long as short
SunX DOT-USDT+0.0100%8h1.1877+0.118%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.1820−0.362%$245K$206K75xas long as short
BloFin DOT-USDT+0.0212%8h1.1862−0.008%$2.3M$755K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0300% / S −0.1014%1h1.1864+0.008%$22K100xas long as short
Phemex DOTUSDT+0.0393%8h1.1870+0.059%$2.2M$2.1M50xas long as short