Funding you earn now, next payment 02:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h +0.042%
Price spread now: Lighter against OKX−0.098%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.098%, 7d avg +0.041%
=Together, before fees+0.216%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.139% cheaper against OKX than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.041%). If the spread goes back, that is −$14 on $10k: about 8.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.1990 | 0.0038 | pay 0.0038% / 8h | 6h 30m | $9.4M | $24.3M | 50x |
| Short | Lighter DOT | 1.1978 | 0.0096 | get 0.0012% / 1h | 30m 30s | $270K | $630K | 10x |
OKX DOT-USDT-SWAP
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $12.12
- Price spread: −0.098% → +0.041%
- −$13.87
- Slippage, 4 orders
- −$33.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$44.9
- Costs to cover
- 0.432%
- Break-even
- 32.9 days
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 30 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 OKX live order book, 3 min ago | 0.42 bp | 12.0 bp −$12 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 1.92 bp | 9.2 bp −$9 | 19.9 bp −$199 | doesn't fit | doesn't fit |
DOT on 28 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 | −0.1166% | 1h | 1.1992 | +0.017% | $219K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1989 | −0.012% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2010 | +0.167% | $198K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1988 | −0.016% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1985 | −0.043% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.250% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAPlong | +0.0038% | 8h | 1.1990 | long leg | $9.4M | $24.3M | 50x | |
| KuCoin DOTUSDTM | +0.0083% | 8h | 1.1986 | −0.033% | $6.5M | $9.3M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.1978 | −0.098% | $270K | $630K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1977 | −0.108% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1981 | −0.078% | $867K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1993 | +0.025% | $44.1M | $84.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1993 | +0.025% | $24.7M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1980 | −0.083% | $6.8M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1986 | −0.033% | $34.7M | $46.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1988 | −0.017% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1986 | −0.033% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1976 | −0.117% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1979 | −0.095% | $546K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1953 | −0.310% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1944 | −0.382% | $229K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | −0.083% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2000 | +0.083% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1982 | −0.067% | $249K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1983 | −0.057% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0196% | 1h | 1.1991 | +0.006% | $4.5M | $1.4M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1983 | −0.057% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0508% | 8h | 1.1990 | 0.000% | $2.3M | $2.2M | 50x | as long as short |
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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT