Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.014%
Price spread now: Binance against Lighter−0.004%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.004%, 7d avg −0.027%
=Together, before fees−0.145%+ Points / potential airdropLighter: Season 3 · farm board−$14 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: Binance is 0.024% dearer against Lighter than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1924 | 0.0096 | pay 0.0012% / 1h | 33m 10s | $262K | $636K | 10x |
| Short | Binance DOTUSDT | 1.1923 | 0.0100 | get 0.0100% / 8h | 3h 33m | $43.9M | $84.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.004% → −0.027%
- $2.38
- Slippage, 4 orders
- −$25.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.64
- Costs to cover
- 0.359%
- Break-even
- 279.0 days
Slippage from Lighter: live order book, 12 min ago; Binance: live order book, 9 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 Lighter live order book, 12 min ago | 2.09 bp | 6.6 bp −$7 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.42 bp | 9.9 bp −$10 | 18.8 bp −$188 | 53.7 bp −$5,374 | 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 | −0.2259% | 1h | 1.1927 | +0.026% | $229K | $123K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1940 | +0.135% | $197K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1912 | −0.096% | $258 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1913 | −0.093% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1920 | −0.035% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.806% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0057% | 1h | 1.1925 | +0.011% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1924 | long leg | $262K | $636K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1923 | −0.008% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1930 | +0.051% | $850K | $593K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDTshort | +0.0100% | 8h | 1.1923 | −0.004% | $43.9M | $84.9M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1921 | −0.024% | $24.4M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1919 | −0.041% | $9.4M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | −0.033% | $6.7M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1920 | −0.033% | $33.6M | $54.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1922 | −0.016% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1913 | −0.091% | $22.7M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1918 | −0.049% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1919 | −0.041% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1924 | +0.004% | $543K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1937 | +0.113% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1940 | +0.135% | $227K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1910 | −0.117% | $8K | $20K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1938 | +0.118% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1918 | −0.049% | $263K | $261K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1917 | −0.061% | $17K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0119% | 8h | 1.1930 | +0.051% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1914 | −0.083% | $2.2M | $886K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1922 | −0.017% | $22K | — | 100x | as long as short |
Lighter DOT
Binance DOTUSDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
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]