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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against gTrade (Gains Network)−0.136%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.136% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) DOT/USD1.2064L 0.0000% / S +0.0004%pay 0.0000% / 1h3m 16s$5K150x
ShortLighter DOT1.20470.0096get 0.0012% / 1h3m 16s$246K$605K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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
$20.06
Price spread: −0.136% → 0.000%
−$13.59
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$3.53
Costs to cover
0.100%
Break-even
8.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Lighter live order book, 2 min ago3.28 bp9.9 bp −$1020.8 bp −$208doesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Reya DOTRUSDPERP−0.0166%1h1.2053−0.094%$261as long as short
Coinbase International DOT-PERP-INTX−0.0056%1h1.2060−0.032%$207K$1.8M50xas long as short
dYdX DOT-USD0.0000%1h1.2049−0.124%$145K$6K10xas long as short
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2068+0.034%$220K$117K50xas long as short
gTrade (Gains Network) DOT/USDlongL 0.0000% / S +0.0004%1h1.2064long leg$5K150x
OKX DOT-USDT-SWAP+0.0011%8h1.2053−0.090%$9.5M$24.1M50xas long as short
Kraken Futures PF_DOTUSD+0.0032%1h1.2070+0.050%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020−0.364%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0052%8h1.2055−0.074%$6.6M$9.0M75xas long as short
Lighter DOTshort+0.0096%1h1.2047−0.136%$246K$605K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DOT+0.0097%8h1.1998−0.547%$546K$61Kas long as short
Hyperliquid DOT+0.0100%1h1.2058−0.049%$5.3M$3.5M10xas long as short
Aster DOTUSDT+0.0100%8h1.2061−0.022%$878K$691K50xas long as short
Binance DOTUSDT+0.0100%8h1.2055−0.074%$44.5M$83.4M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2053−0.090%$24.9M$18.7M75xas long as short
Gate DOT_USDT+0.0100%8h1.2060−0.032%$6.8M$11.9M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2056−0.065%$33.8M$41.1M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2053−0.090%$23.1M$14.8M75xas long as short
BingX DOT-USDT+0.0100%8h1.2056−0.065%$28.6Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2050−0.115%$96K$131K10xas long as short
edgeX DOTUSDC+0.0100%4h1.2019−0.370%$35K$333K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2030−0.281%$233K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2050−0.115%$8K$23K10xas long as short
SunX DOT-USDT+0.0100%8h1.2074+0.084%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2058−0.049%$249K$220K75xas long as short
Extended DOT-USD+0.0104%1h1.2051−0.109%$15K$236K25xas long as short
BloFin DOT-USDT+0.0220%8h1.2038−0.215%$2.3M$784K75xas long as short
Phemex DOTUSDT+0.0281%8h1.2080+0.133%$2.3M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.2063−0.005%$22K100xas long as short