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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter+0.143%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.153%−$15 · spread now +0.143%, 7d avg −0.042%
Together, before fees−0.167%+ Points / potential airdropLighter: Season 3 · farm board−$17 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: BingX is 0.185% dearer against Lighter than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOT1.19700.0096pay 0.0012% / 1h17m 57s$271K$632K10x
ShortBingX DOT-USDT1.19870.0100get 0.0100% / 8h5h 17m$29.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Lighter. 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
$0.84
Price spread: +0.143% → −0.042%
$18.51
Slippage, 4 orders
−$21.46
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$12.1
Costs to cover
0.315%
Break-even
107.8 days
Slippage from Lighter: live order book, 38 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 38 min ago2.05 bp5.1 bp −$511.9 bp −$119doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago0.42 bp5.4 bp −$513.1 bp −$13136.1 bp −$3,609165.7 bp −$82.8K

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
Deribit DOT_USDC-PERPETUAL−0.2086%1h1.1959−0.091%$228K$115K50xas long as short
Coinbase International DOT-PERP-INTX−0.0376%1h1.1960−0.083%$197K$2.0M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1958−0.102%$259as long as short
dYdX DOT-USD0.0000%1h1.1968−0.018%$144K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1956−0.116%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.419%$328$121K12xas long as short
Lighter DOTlong+0.0096%1h1.1970long leg$271K$632K10x
OKX DOT-USDT-SWAP+0.0098%8h1.1988+0.151%$9.4M$24.3M50xas long as short
Hyperliquid DOT+0.0100%1h1.1988+0.151%$5.4M$3.5M10xas long as short
Aster DOTUSDT+0.0100%8h1.1970+0.001%$864K$708K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1988+0.151%$44.1M$85.3M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1988+0.151%$24.7M$19.0M75xas long as short
Gate DOT_USDT+0.0100%8h1.1970+0.001%$6.8M$11.8M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1989+0.160%$32.9M$49.8M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1990+0.168%$6.6M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1983+0.109%$22.9M$14.9M75xas long as short
BingX DOT-USDTshort+0.0100%8h1.1987+0.143%$29.7M
Backpack DOT_USDC_PERP+0.0100%1h1.1978+0.068%$93K$131K10xas long as short
Variational Omni DOT+0.0100%8h1.1983+0.112%$545K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.1987+0.139%$35K$335K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2011+0.342%$229K$427K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1960−0.083%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.1979+0.076%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1962−0.066%$260K$242K75xas long as short
Extended DOT-USD+0.0104%1h1.1987+0.140%$14K$305K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1978+0.068%$2.2M$879K75xas long as short
Phemex DOTUSDT+0.0241%8h1.1970+0.001%$2.3M$2.2M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1012%1h1.1957−0.105%$22K100xas long as short
Kraken Futures PF_DOTUSD+0.0409%1h1.1969−0.011%$4.5M$1.5M50xas long as short