DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0841%/8h= +92.1% APRnext payment +$1.05 per $10,000 · paid last 24h +0.343%

Price spread now: GMX against Lighter−0.111%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.111% cheaper against Lighter than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 11 hours of funding at the current rate (+$25 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DOT	1.1626	0.0096	pay 0.0012% / 1h	52m 37s	$244K	$674K	10x
Short	GMX DOT/USD [WBTC.b-USDC]	1.1613	L +0.0290% / S −0.0937%	get 0.0117% / 1h	52m 37s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee LighterbpFee GMXbpOrdersPrice spread, now −0.111%Rate

Funding earned: $176.62
Price spread: −0.111% → 0.000%: −$11.08
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $153.54
Costs to cover: 0.120%
Break-even: 0.9 days

Slippage unknown: Lighter: live order book, 43 min ago; GMX: no order-book sample. Net counts fees only.

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	2.15 bp	8.1 bp −$8	18.6 bp −$186	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3949%	1h	1.1621	−0.043%	$246K	$152K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1612	−0.119%	$251	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0104%	1h	1.1620	−0.052%	$169K	$2.0M	50x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1615	−0.093%	$3K	—	150x	as long as short
dYdX DOT-USD	+0.0008%	1h	1.1622	−0.034%	$140K	$6K	10x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+3.389%	$328	$121K	12x	as long as short
Lighter DOTlong	+0.0096%	1h	1.1626	long leg	$244K	$674K	10x
Hyperliquid DOT	+0.0100%	1h	1.1625	−0.010%	$5.6M	$4.6M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1621	−0.040%	$837K	$606K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1622	−0.030%	$42.5M	$88.8M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOTUSDT	+0.0100%	8h	1.1610	−0.138%	$23.6M	$20.2M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1608	−0.155%	$9.0M	$25.2M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1620	−0.052%	$6.6M	$12.9M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1619	−0.060%	$36.1M	$62.2M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1624	−0.017%	$6.1M	$9.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1611	−0.129%	$22.3M	$14.7M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.1616	−0.086%	—	$9.5M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1624	−0.017%	$88K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1567	−0.504%	$526K	$50K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1592	−0.294%	$34K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1618	−0.067%	$223K	$433K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1620	−0.052%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1638	+0.103%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1599	−0.232%	$261K	$281K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1622	−0.037%	$13K	$259K	25x	as long as short
Phemex DOTUSDT	+0.0212%	8h	1.1640	+0.120%	$2.4M	$2.2M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1620	−0.052%	$1.9M	$891K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]short	L +0.0290% / S −0.0937%	1h	1.1613	−0.111%	$20K	—	100x
Kraken Futures PF_DOTUSD	+0.0339%	1h	1.1626	−0.003%	$4.3M	$1.5M	50x	as long as short