Funding you earn now, next payment 21:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.104%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.137%−$14 · spread now +0.104%, 7d avg −0.052%
=Together, before fees−0.170%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.156% dearer against Lighter than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of −0.052%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1928 | 0.0096 | pay 0.0012% / 1h | 29m 46s | $260K | $563K | 10x |
| Short | Bitget DOTUSDT | 1.1940 | 0.0072 | get 0.0072% / 8h | 3h 29m | $23.0M | $13.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$5.04
- Price spread: +0.104% → −0.052%
- $15.63
- Slippage, 4 orders
- −$26.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.33
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 15 min ago; Bitget: live order book, 5 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, 15 min ago | 1.70 bp | 7.2 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.21 bp | 10.2 bp −$10 | 20.2 bp −$202 | 71.2 bp −$7,118 | 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 | −0.0168% | 1h | 1.1944 | +0.137% | $218K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1935 | +0.066% | $258 | — | — | as long as short |
| Injective DOT/USDC PERP | −0.0117% | 1h | 1.1880 | −0.399% | $325 | $62K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0088% | 1h | 1.1942 | +0.122% | $4.5M | $1.4M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0038% | 8h | 1.1918 | −0.080% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1937 | +0.079% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1939 | +0.096% | $3K | — | 150x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0024% | 1h | 1.1940 | +0.104% | $191K | $1.9M | 50x | as long as short |
| Bitget DOTUSDTshort | +0.0072% | 8h | 1.1940 | +0.104% | $23.0M | $13.5M | 75x | |
| KuCoin DOTUSDTM | +0.0094% | 8h | 1.1933 | +0.045% | $6.8M | $8.8M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOTlong | +0.0096% | 1h | 1.1928 | long leg | $260K | $563K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1944 | +0.137% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1936 | +0.069% | $894K | $653K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1927 | −0.006% | $44.3M | $80.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1922 | −0.047% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1940 | +0.104% | $7.2M | $11.3M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1933 | +0.045% | $27.6M | $33.2M | 300x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1935 | +0.062% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1935 | +0.062% | $83K | $117K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1922 | −0.044% | $542K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1890 | −0.319% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1890 | −0.315% | $230K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | +0.104% | $9K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1948 | +0.171% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1950 | +0.188% | $249K | $195K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1933 | +0.044% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1928 | +0.003% | $2.3M | $777K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1937 | +0.075% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0479% | 8h | 1.1940 | +0.104% | $2.2M | $2.1M | 50x | as long as short |
Lighter DOT
Bitget DOTUSDT
Deribit DOT_USDC-PERPETUAL
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
Coinbase International DOT-PERP-INTX
KuCoin DOTUSDTM
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
BingX DOT-USDT
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
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT