Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.015%
Price spread now: MEXC against Lighter+0.042%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$210.205% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.042%, 7d avg −0.032%
=Together, before fees−0.194%+ Points / potential airdropLighter: Season 3 · farm board−$19 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: MEXC is 0.074% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1874 | 0.0096 | pay 0.0012% / 1h | 2m 50s | $268K | $636K | 10x |
| Short | MEXC DOT_USDT | 1.1879 | 0.0100 | get 0.0100% / 8h | 4h 02m | $30.3M | $53.6M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.042% → −0.032%
- $7.41
- Slippage, 4 orders
- −$20.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$12.27
- Costs to cover
- 0.205%
- Break-even
- 109.3 days
Slippage from Lighter: live order book, 48 min ago; MEXC: live order book, 1 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, 48 min ago | 2.66 bp | 7.1 bp −$7 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.42 bp | 1.8 bp −$2 | 10.6 bp −$106 | 49.0 bp −$4,903 | 84.4 bp −$42.2K |
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 | −0.1598% | 1h | 1.1880 | +0.051% | $226K | $121K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1860 | −0.118% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1870 | −0.033% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1864 | −0.086% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1873 | −0.011% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.230% | $328 | $121K | 12x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1874 | long leg | $268K | $636K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1873 | −0.008% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1864 | −0.081% | $846K | $597K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1879 | +0.045% | $43.8M | $85.0M | 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 | 1.1872 | −0.017% | $24.3M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1869 | −0.042% | $9.4M | $24.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.034% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.1879 | +0.042% | $30.3M | $53.6M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1873 | −0.008% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1867 | −0.059% | $22.7M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1874 | 0.000% | — | $29.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1869 | −0.042% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1833 | −0.342% | $538K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1837 | −0.310% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1850 | −0.202% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1870 | −0.034% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1891 | +0.143% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1881 | +0.059% | $258K | $245K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1872 | −0.020% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0142% | 8h | 1.1880 | +0.051% | $2.4M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0213% | 1h | 1.1877 | +0.022% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1876 | +0.017% | $2.2M | $901K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1872 | −0.016% | $22K | — | 100x | as long as short |
Lighter DOT
MEXC DOT_USDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]