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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1970 | 0.0096 | pay 0.0012% / 1h | 17m 57s | $271K | $632K | 10x |
| Short | BingX DOT-USDT | 1.1987 | 0.0100 | get 0.0100% / 8h | 5h 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 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: +0.143% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 38 min ago | 2.05 bp | 5.1 bp −$5 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 0.42 bp | 5.4 bp −$5 | 13.1 bp −$131 | 36.1 bp −$3,609 | 165.7 bp −$82.8K |
DOT on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2086% | 1h | 1.1959 | −0.091% | $228K | $115K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0376% | 1h | 1.1960 | −0.083% | $197K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1958 | −0.102% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1968 | −0.018% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1956 | −0.116% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.419% | $328 | $121K | 12x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1970 | long leg | $271K | $632K | 10x | |
| OKX DOT-USDT-SWAP | +0.0098% | 8h | 1.1988 | +0.151% | $9.4M | $24.3M | 50x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1988 | +0.151% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1970 | +0.001% | $864K | $708K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1988 | +0.151% | $44.1M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1988 | +0.151% | $24.7M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | +0.001% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1989 | +0.160% | $32.9M | $49.8M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1990 | +0.168% | $6.6M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1983 | +0.109% | $22.9M | $14.9M | 75x | as long as short |
| BingX DOT-USDTshort | +0.0100% | 8h | 1.1987 | +0.143% | — | $29.7M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1978 | +0.068% | $93K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1983 | +0.112% | $545K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1987 | +0.139% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2011 | +0.342% | $229K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1960 | −0.083% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1979 | +0.076% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1962 | −0.066% | $260K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1987 | +0.140% | $14K | $305K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1978 | +0.068% | $2.2M | $879K | 75x | as long as short |
| Phemex DOTUSDT | +0.0241% | 8h | 1.1970 | +0.001% | $2.3M | $2.2M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1957 | −0.105% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0409% | 1h | 1.1969 | −0.011% | $4.5M | $1.5M | 50x | as long as short |
Lighter DOT
BingX DOT-USDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD