Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against dYdX+0.030%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2052.049% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.030%, 7d avg −0.006%
=Together, before fees+0.184%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.036% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.2044 | 0 | get 0.0000% / 1h | 15m 07s | $145K | $6K | 10x |
| Short | Lighter DOT | 1.2048 | 0.0096 | get 0.0012% / 1h | 15m 07s | $246K | $602K | 10x |
dYdX DOT-USD
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: +0.030% → −0.006%
- $3.6
- Slippage, 4 orders
- −$194.91
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$181.15
- Costs to cover
- 2.049%
- Break-even
- 69.9 days
Slippage from dYdX: live order book, 4 min ago; Lighter: live order book, 60 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 dYdX live order book, 4 min ago | 82.44 bp | 102.8 bp −$103 | 118.7 bp −$1,187 | 120.2 bp −$12.0K | 223.6 bp −$111.8K |
| Sell Lighter live order book, 60 min ago | 2.80 bp | 8.3 bp −$8 | 18.8 bp −$188 | 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 | 1.2034 | −0.085% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2040 | −0.036% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2058 | +0.117% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.202% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0015% | 8h | 1.2045 | +0.006% | $9.5M | $23.8M | 50x | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.2044 | long leg | $145K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2048 | +0.031% | $220K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2044 | −0.007% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0034% | 8h | 1.2050 | +0.047% | $6.8M | $8.7M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2048 | +0.030% | $246K | $602K | 10x |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2057 | +0.104% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2052 | +0.065% | $875K | $674K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2049 | +0.039% | $44.6M | $81.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2042 | −0.019% | $24.8M | $18.3M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2040 | −0.036% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2047 | +0.022% | $28.9M | $37.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2046 | +0.014% | $23.1M | $14.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2046 | +0.014% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2049 | +0.039% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2042 | −0.019% | $548K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2055 | +0.089% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2060 | +0.130% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2040 | −0.036% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2055 | +0.089% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2061 | +0.139% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2033 | −0.092% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2043 | −0.011% | $2.3M | $778K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1025% | 1h | 1.2042 | −0.016% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0308% | 8h | 1.2060 | +0.130% | $2.2M | $2.1M | 50x | as long as short |
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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT