DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0206%/8h= −22.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.047%

Price spread now: Lighter against GMX+0.227%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

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 airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.227% dearer against GMX than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX DOT/USD [WBTC.b-USDC]	1.1923	L +0.0302% / S −0.1012%	pay 0.0038% / 1h	44m 16s	$22K	—	100x
Short	Lighter DOT	1.1950	0.0096	get 0.0012% / 1h	44m 16s	$241K	$597K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.227%Rate

Funding earned: −$43.27
Price spread: +0.227% → 0.000%: $22.68
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$32.59
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 16 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 16 min ago	1.92 bp	9.2 bp −$9	19.9 bp −$199	doesn't fit	doesn't fit

GMX: 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
Deribit DOT_USDC-PERPETUAL	−0.1756%	1h	1.1939	+0.132%	$218K	$116K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1914	−0.074%	$258	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0024%	1h	1.1940	+0.140%	$196K	$1.8M	50x	as long as short
gTrade (Gains Network) DOT/USD	L −0.0002% / S +0.0004%	1h	1.1927	+0.032%	$14K	—	150x	as long as short
dYdX DOT-USD	0.0000%	1h	1.1926	+0.020%	$144K	$6K	10x	as long as short
OKX DOT-USDT-SWAP	+0.0026%	8h	1.1949	+0.216%	$9.4M	$24.3M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.811%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0077%	8h	1.1948	+0.207%	$6.5M	$9.2M	75x	as long as short
Lighter DOTshort	+0.0096%	1h	1.1950	+0.227%	$241K	$597K	10x
Hyperliquid DOT	+0.0100%	1h	1.1950	+0.224%	$5.4M	$3.4M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOTUSDT	+0.0100%	8h	1.1920	−0.024%	$863K	$704K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1951	+0.233%	$44.0M	$84.3M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1947	+0.199%	$24.7M	$19.0M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1950	+0.224%	$6.7M	$11.4M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1951	+0.233%	$32.0M	$45.1M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1945	+0.182%	$22.8M	$14.7M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.1948	+0.207%	—	$30.1M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1951	+0.233%	$96K	$129K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1912	−0.097%	$542K	$59K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1931	+0.067%	$35K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1969	+0.381%	$233K	$422K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1930	+0.057%	$8K	$22K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1950	+0.224%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1925	+0.015%	$248K	$226K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1939	+0.132%	$14K	$299K	25x	as long as short
Kraken Futures PF_DOTUSD	+0.0196%	1h	1.1958	+0.288%	$4.5M	$1.4M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1962	+0.325%	$2.2M	$796K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]long	L +0.0302% / S −0.1012%	1h	1.1923	long leg	$22K	—	100x
Phemex DOTUSDT	+0.0580%	8h	1.1960	+0.308%	$2.3M	$2.2M	50x	as long as short