Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Lighter against Bybit−0.020%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.020%, 7d avg +0.059%
=Together, before fees+0.170%+ Points / potential airdropLighter: Season 3 · farm board+$17 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 0.079% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOTUSDT | 1.2024 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $24.6M | $17.9M | 75x |
| Short | Lighter DOT | 1.2022 | 0.0096 | get 0.0012% / 1h | 40m 40s | $252K | $593K | 10x |
Bybit DOTUSDT
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: −0.020% → +0.059%
- −$7.87
- Slippage, 4 orders
- −$23.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$43.32
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 35 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 Bybit live order book, 3 min ago | 0.42 bp | 10.3 bp −$10 | 24.5 bp −$245 | 80.5 bp −$8,054 | doesn't fit |
| Sell Lighter live order book, 35 min ago | 2.80 bp | 8.3 bp −$8 | 18.8 bp −$188 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2007 | −0.138% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2010 | −0.116% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2017 | −0.054% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.033% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.2026 | +0.017% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2024 | +0.004% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2021 | −0.025% | $220K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2010 | −0.118% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0021% | 8h | 1.2019 | −0.042% | $6.8M | $8.6M | 75x | as long as short |
| Extended DOT-USD | +0.0072% | 1h | 1.2022 | −0.014% | $15K | $235K | 25x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Extended DOT-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0073% | 8h | 1.2027 | +0.025% | $26.5M | $36.4M | 300x | as long as short |
| Binance DOTUSDT | +0.0076% | 8h | 1.2021 | −0.025% | $44.2M | $80.7M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2022 | −0.020% | $252K | $593K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.2027 | +0.028% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2014 | −0.079% | $892K | $649K | 50x | as long as short |
| Bybit DOTUSDTlong | +0.0100% | 8h | 1.2024 | long leg | $24.6M | $17.9M | 75x | |
| Gate DOT_USDT | +0.0100% | 8h | 1.2010 | −0.116% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2026 | +0.017% | $23.1M | $14.1M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2026 | +0.017% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2012 | −0.100% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1926 | −0.816% | $543K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1993 | −0.262% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1980 | −0.365% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2010 | −0.116% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2028 | +0.033% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2015 | −0.075% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0193% | 8h | 1.2016 | −0.067% | $2.2M | $764K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.2013 | −0.091% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0312% | 8h | 1.2020 | −0.033% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Hyperliquid DOT
Aster DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT