Funding you earn now, next payment 22:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.020%
Price spread now: KuCoin against Lighter−0.039%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.039%, 7d avg −0.024%
=Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1991 | 0.0096 | pay 0.0012% / 1h | 29m 51s | $268K | $578K | 10x |
| Short | KuCoin DOTUSDTM | 1.1986 | 0.0026 | get 0.0026% / 8h | 2h 29m | $6.9M | $8.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$14.7
- Price spread: −0.039% → −0.024%
- −$1.48
- Slippage, 4 orders
- −$41.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$69.53
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 54 min ago; KuCoin: 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, 54 min ago | 2.66 bp | 3.8 bp −$4 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.93 bp | 19.0 bp −$19 | 45.7 bp −$457 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1985 | −0.049% | $259 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0128% | 1h | 1.1995 | +0.039% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −1.424% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1990 | −0.006% | $192K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0037% | 8h | 1.1974 | −0.139% | $9.4M | $23.2M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1993 | +0.023% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1999 | +0.069% | $219K | $118K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1997 | +0.051% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTMshort | +0.0026% | 8h | 1.1986 | −0.039% | $6.9M | $8.7M | 75x | |
| Lighter DOTlong | +0.0096% | 1h | 1.1991 | long leg | $268K | $578K | 10x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1994 | +0.028% | $5.4M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1993 | +0.018% | $898K | $643K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1979 | −0.098% | $44.2M | $79.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1978 | −0.106% | $24.6M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1990 | −0.006% | $6.9M | $11.2M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1980 | −0.089% | $33.2M | $34.6M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1981 | −0.081% | $23.1M | $13.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1981 | −0.081% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1989 | −0.014% | $96K | $121K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1974 | −0.140% | $544K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1933 | −0.478% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1920 | −0.590% | $231K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | −0.006% | $8K | $26K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2004 | +0.111% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2005 | +0.119% | $249K | $207K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1979 | −0.098% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1998 | +0.061% | $2.3M | $767K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1014% | 1h | 1.1994 | +0.025% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0343% | 8h | 1.2000 | +0.078% | $2.2M | $2.1M | 50x | as long as short |
Lighter DOT
KuCoin DOTUSDTM
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
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