Funding you earn now, next payment 23:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.018%
Price spread now: Extended against Lighter−0.050%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.050%, 7d avg −0.074%
=Together, before fees−0.120%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.024% dearer against Lighter than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.074%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1986 | 0.0096 | pay 0.0012% / 1h | 55m 01s | $251K | $593K | 10x |
| Short | Extended DOT-USD | 1.1979 | 0.0048 | get 0.0006% / 1h | 55m 01s | $15K | $235K | 25x |
Lighter DOT
Extended DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.08
- Price spread: −0.050% → −0.074%
- $2.37
- Slippage, 4 orders
- −$27.12
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.82
- Costs to cover
- 0.321%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 20 min ago; Extended: live order book, 27 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, 20 min ago | 2.80 bp | 6.4 bp −$6 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 1.67 bp | 9.1 bp −$9 | 28.4 bp −$284 | doesn't fit | 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 | −0.0500% | 1h | 1.1997 | +0.096% | $219K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1980 | −0.048% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1940 | −0.380% | $184K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0054% | 1h | 1.1989 | +0.029% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.288% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0024% | 8h | 1.1984 | −0.013% | $9.4M | $23.5M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1969 | −0.138% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1987 | +0.014% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0018% | 8h | 1.1986 | +0.004% | $6.8M | $8.7M | 75x | as long as short |
| Extended DOT-USDshort | +0.0048% | 1h | 1.1979 | −0.050% | $15K | $235K | 25x |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0050% | 8h | 1.1986 | +0.004% | $36.2M | $35.7M | 300x | as long as short |
| Binance DOTUSDT | +0.0052% | 8h | 1.1986 | +0.007% | $44.1M | $80.7M | 75x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1986 | long leg | $251K | $593K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1992 | +0.054% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1978 | −0.066% | $889K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1982 | −0.029% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1980 | −0.046% | $6.8M | $11.3M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1990 | +0.038% | $22.9M | $14.0M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1985 | −0.004% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1988 | +0.021% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1951 | −0.284% | $543K | $69K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1893 | −0.769% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1911 | −0.621% | $231K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | −0.046% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2003 | +0.146% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1963 | −0.188% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0172% | 8h | 1.1980 | −0.046% | $2.2M | $766K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1990 | +0.034% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0349% | 8h | 1.2000 | +0.121% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
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