Funding you earn now, next payment 23:00 UTC+0.0149%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.032%
Price spread now: Lighter against Kraken Futures−0.051%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 3 days (all we have)+0.189%+$19 · spread now −0.051%, 7d avg −0.038%
=Together, before fees+0.278%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.2016 | −0.0053 | get 0.0007% / 1h | 37m 01s | $4.5M | $1.3M | 50x |
| Short | Lighter DOT | 1.2010 | 0.0096 | get 0.0012% / 1h | 37m 01s | $252K | $593K | 10x |
Kraken Futures PF_DOTUSD
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- $31.37
- Price spread: −0.051% → −0.038%
- −$1.34
- Slippage, 4 orders
- −$31.13
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.1
- Costs to cover
- 0.411%
- Break-even
- 9.5 days
Slippage from Kraken Futures: live order book, 2 min ago; Lighter: live order book, 38 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 Kraken Futures live order book, 2 min ago | 2.91 bp | 13.5 bp −$13 | 25.5 bp −$255 | 203.9 bp −$20.4K | doesn't fit |
| Sell Lighter live order book, 38 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 | 1.2002 | −0.117% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2020 | +0.034% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSDlong | −0.0053% | 1h | 1.2016 | long leg | $4.5M | $1.3M | 50x | |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.034% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.1996 | −0.166% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2011 | −0.041% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2015 | −0.008% | $219K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2012 | −0.033% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0020% | 8h | 1.1992 | −0.199% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0079% | 8h | 1.1986 | −0.249% | $26.8M | $36.6M | 300x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DOT-USD | +0.0080% | 1h | 1.1988 | −0.232% | $15K | $235K | 25x | as long as short |
| Binance DOTUSDT | +0.0082% | 8h | 1.2005 | −0.091% | $44.1M | $80.7M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2010 | −0.051% | $252K | $593K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.2017 | +0.009% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2010 | −0.047% | $892K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1993 | −0.191% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2010 | −0.050% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1991 | −0.208% | $23.1M | $14.1M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2006 | −0.083% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2006 | −0.083% | $99K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2008 | −0.065% | $547K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2031 | +0.126% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2030 | +0.117% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2010 | −0.050% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2023 | +0.059% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2015 | −0.008% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0202% | 8h | 1.2009 | −0.058% | $2.2M | $764K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1025% | 1h | 1.2012 | −0.036% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0309% | 8h | 1.2020 | +0.034% | $2.2M | $2.1M | 50x | as long as short |
Extended DOT-USD
Binance DOTUSDT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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