Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Bybit against Lighter−0.009%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.009%, 7d avg −0.058%
=Together, before fees−0.088%+ Points / potential airdropLighter: Season 3 · farm board−$9 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: Bybit is 0.049% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1871 | 0.0096 | pay 0.0012% / 1h | 40m 45s | $260K | $563K | 10x |
| Short | Bybit DOTUSDT | 1.1870 | 0.0100 | get 0.0100% / 8h | 2h 40m | $24.4M | $17.6M | 75x |
Lighter DOT
Bybit DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.009% → −0.058%
- $4.92
- Slippage, 4 orders
- −$27.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.99
- Costs to cover
- 0.387%
- Break-even
- 281.9 days
Slippage from Lighter: live order book, 43 min ago; Bybit: live order book, 3 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, 43 min ago | 2.66 bp | 3.8 bp −$4 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.42 bp | 10.0 bp −$10 | 24.2 bp −$242 | 73.2 bp −$7,321 | 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 | −0.0760% | 1h | 1.1870 | −0.009% | $217K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1856 | −0.125% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1866 | −0.041% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.430% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1850 | −0.178% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1874 | +0.024% | $9.3M | $22.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1875 | +0.032% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1863 | −0.069% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0039% | 8h | 1.1874 | +0.024% | $6.7M | $8.6M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0066% | 1h | 1.1864 | −0.060% | $95K | $120K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0092% | 8h | 1.1871 | −0.001% | $32.1M | $34.1M | 300x | as long as short |
| Binance DOTUSDT | +0.0092% | 8h | 1.1867 | −0.033% | $43.9M | $79.7M | 75x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1871 | long leg | $260K | $563K | 10x | |
| Extended DOT-USD | +0.0096% | 1h | 1.1863 | −0.071% | $15K | $240K | 25x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1876 | +0.041% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1855 | −0.135% | $888K | $647K | 50x | as long as short |
| Bybit DOTUSDTshort | +0.0100% | 8h | 1.1870 | −0.009% | $24.4M | $17.6M | 75x | |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.009% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1879 | +0.067% | $22.8M | $13.4M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1875 | +0.033% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.645% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1806 | −0.546% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1806 | −0.548% | $229K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1850 | −0.178% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1877 | +0.050% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1820 | −0.430% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0212% | 8h | 1.1862 | −0.077% | $2.3M | $755K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1864 | −0.061% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0393% | 8h | 1.1870 | −0.009% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Extended DOT-USD
Hyperliquid DOT
Aster DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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