Funding you earn now, next payment 01:00 UTC−0.0207%/8h= −22.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.045%
Price spread now: Lighter against GMX+0.049%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.049% dearer against GMX than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOT/USD [WBTC.b-USDC] | 1.2061 | L +0.0303% / S −0.1012% | pay 0.0038% / 1h | 18m 08s | $22K | — | 100x |
| Short | Lighter DOT | 1.2067 | 0.0096 | get 0.0012% / 1h | 18m 08s | $245K | $602K | 10x |
GMX DOT/USD [WBTC.b-USDC]
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$43.43
- Price spread: +0.049% → 0.000%
- $4.92
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.5
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 47 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 47 min ago | 3.28 bp | 9.9 bp −$10 | 20.8 bp −$208 | doesn't fit | doesn't fit |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2043 | −0.149% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2060 | −0.010% | $207K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2048 | −0.109% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2073 | +0.098% | $221K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2058 | −0.026% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0022% | 8h | 1.2072 | +0.090% | $9.4M | $24.2M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.341% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0065% | 8h | 1.2073 | +0.098% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2067 | +0.049% | $245K | $602K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.2074 | +0.106% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2048 | −0.108% | $877K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2077 | +0.131% | $44.5M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2073 | +0.098% | $25.0M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2080 | +0.156% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2074 | +0.106% | $26.8M | $43.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2072 | +0.090% | $23.1M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2073 | +0.098% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2073 | +0.098% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2081 | +0.160% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2071 | +0.080% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2080 | +0.156% | $234K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2060 | −0.010% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2062 | +0.007% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2077 | +0.131% | $251K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2062 | +0.005% | $15K | $295K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2079 | +0.147% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2068 | +0.057% | $2.2M | $795K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]long | L +0.0303% / S −0.1012% | 1h | 1.2061 | long leg | $22K | — | 100x | |
| Phemex DOTUSDT | +0.0556% | 8h | 1.2090 | +0.239% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC 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
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
Phemex DOTUSDT