Funding you earn now, next payment 22:00 UTC−0.0111%/8h= −12.2% APRpaid last 24h +0.003%
Price spread now: Lighter against BloFin−0.041%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.041%, 7d avg +0.018%
=Together, before fees+0.120%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1814 | 0.0207 | pay 0.0207% / 8h | 2h 45m | $2.3M | $752K | 75x |
| Short | Lighter DOT | 1.1809 | 0.0096 | get 0.0012% / 1h | 45m 08s | $258K | $563K | 10x |
BloFin DOT-USDT
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$23.41
- Price spread: −0.041% → +0.018%
- −$5.86
- Slippage, 4 orders
- −$21.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$63.04
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Lighter: live order book, 39 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 BloFin live order book, 3 min ago | 2.96 bp | 9.6 bp −$10 | 15.1 bp −$151 | 43.4 bp −$4,338 | doesn't fit |
| Sell Lighter live order book, 39 min ago | 2.66 bp | 11.2 bp −$11 | 21.2 bp −$212 | doesn't fit | doesn't fit |
DOT on 29 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 | −0.1017% | 1h | 1.1821 | +0.059% | $216K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1815 | +0.007% | $256 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0130% | 1h | 1.1817 | +0.022% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | +0.051% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1790 | −0.203% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0044% | 8h | 1.1803 | −0.093% | $9.3M | $22.8M | 50x | as long as short |
| Backpack DOT_USDC_PERP | −0.0010% | 1h | 1.1807 | −0.059% | $94K | $120K | 10x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1809 | −0.042% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1818 | +0.034% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0040% | 8h | 1.1806 | −0.068% | $6.7M | $8.6M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
Backpack DOT_USDC_PERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0087% | 8h | 1.1810 | −0.037% | $43.7M | $79.7M | 75x | as long as short |
| Extended DOT-USD | +0.0088% | 1h | 1.1805 | −0.075% | $15K | $240K | 25x | as long as short |
| MEXC DOT_USDT | +0.0090% | 8h | 1.1805 | −0.076% | $31.7M | $33.9M | 300x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.1809 | −0.041% | $258K | $563K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1809 | −0.042% | $5.2M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1810 | −0.034% | $885K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1801 | −0.110% | $24.2M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1810 | −0.034% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1803 | −0.093% | $22.7M | $13.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1806 | −0.068% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.165% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | −0.051% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1808 | −0.050% | $229K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1810 | −0.034% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1826 | +0.102% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | −0.017% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDTlong | +0.0207% | 8h | 1.1814 | long leg | $2.3M | $752K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1820 | +0.053% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0403% | 8h | 1.1830 | +0.135% | $2.2M | $2.1M | 50x | as long as short |
Binance DOTUSDT
Extended DOT-USD
MEXC DOT_USDT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT