Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against dYdX−0.003%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2772.773% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.003%, 7d avg −0.006%
=Together, before fees+0.255%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1612 | 0 | get 0.0000% / 1h | 58m 53s | $140K | $6K | 10x |
| Short | Lighter DOT | 1.1611 | 0.0096 | get 0.0012% / 1h | 58m 53s | $245K | $671K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: −0.003% → −0.006%
- $0.33
- Slippage, 4 orders
- −$267.26
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$256.77
- Costs to cover
- 2.773%
- Break-even
- 96.2 days
Slippage from dYdX: live order book, 45 min ago; Lighter: live order book, 37 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 dYdX live order book, 45 min ago | 17.01 bp | 26.3 bp −$26 | 30.1 bp −$301 | 52.6 bp −$5,257 | 62.1 bp −$31.1K |
| Sell Lighter live order book, 37 min ago | 2.15 bp | 8.7 bp −$9 | 20.7 bp −$207 | 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 | −0.4121% | 1h | 1.1617 | +0.045% | $246K | $152K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1604 | −0.064% | $251 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0104% | 1h | 1.1620 | +0.071% | $169K | $2.0M | 50x | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1612 | long leg | $140K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1609 | −0.024% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.515% | $328 | $121K | 12x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.1611 | −0.003% | $245K | $671K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1608 | −0.033% | $5.6M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1619 | +0.059% | $837K | $607K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1608 | −0.032% | $42.4M | $88.9M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1601 | −0.093% | $23.6M | $20.2M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1603 | −0.076% | $8.9M | $25.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1600 | −0.102% | $6.7M | $12.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1603 | −0.076% | $35.1M | $61.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1604 | −0.067% | $6.1M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1607 | −0.041% | $22.2M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1606 | −0.050% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1609 | −0.024% | $88K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1606 | −0.046% | $529K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1614 | +0.020% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1610 | −0.015% | $223K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1620 | +0.071% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1633 | +0.183% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1622 | +0.088% | $261K | $281K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1602 | −0.088% | $13K | $254K | 25x | as long as short |
| Phemex DOTUSDT | +0.0204% | 8h | 1.1630 | +0.157% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1609 | −0.024% | $1.9M | $898K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1610 | −0.013% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0339% | 1h | 1.1616 | +0.033% | $4.3M | $1.5M | 50x | as long as short |
Lighter DOT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD