Funding you earn now, next payment 00:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.079%
Price spread now: Lighter against Reya+0.146%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.146% dearer against Reya than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOTRUSDPERP | 1.2031 | −0.0166 | get 0.0021% / 1h | 4m 35s | $260 | — | — |
| Short | Lighter DOT | 1.2049 | 0.0096 | get 0.0012% / 1h | 4m 35s | $246K | $605K | 10x |
Reya DOTRUSDPERP
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $55.08
- Price spread: +0.146% → 0.000%
- $14.62
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $63.69
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 66 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 66 min ago | 2.94 bp | 9.7 bp −$10 | 19.9 bp −$199 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERPlong | −0.0166% | 1h | 1.2031 | long leg | $260 | — | — | |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2020 | −0.094% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2057 | +0.214% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2047 | +0.130% | $220K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2039 | +0.060% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0012% | 8h | 1.2051 | +0.164% | $9.5M | $24.1M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2044 | +0.102% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.094% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0053% | 8h | 1.2048 | +0.139% | $6.6M | $8.9M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2049 | +0.146% | $246K | $605K | 10x |
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DOT | +0.0097% | 8h | 1.1998 | −0.278% | $546K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2056 | +0.205% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2058 | +0.218% | $878K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2054 | +0.186% | $44.5M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2047 | +0.130% | $24.8M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2050 | +0.155% | $6.8M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2050 | +0.155% | $33.8M | $41.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2046 | +0.122% | $23.1M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2047 | +0.130% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2038 | +0.056% | $96K | $131K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2019 | −0.100% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2044 | +0.108% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2040 | +0.072% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2035 | +0.031% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2008 | −0.194% | $248K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2044 | +0.105% | $15K | $236K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2038 | +0.056% | $2.3M | $784K | 75x | as long as short |
| Phemex DOTUSDT | +0.0285% | 8h | 1.2040 | +0.072% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2039 | +0.066% | $22K | — | 100x | as long as short |
Variational Omni DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]