Settings8H · net · $10k
Funding arb · Price arb /

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.020%
Price spread now: Lighter against KuCoin−0.035%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days−0.031%−$3 · spread now −0.035%, 7d avg +0.024%
Together, before fees+0.016%+ Points / potential airdropLighter: Season 3 · farm board+$2 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: Lighter is 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOTUSDTM1.19170.0095pay 0.0095% / 8h3h 32m$6.8M$8.8M75x
ShortLighter DOT1.19130.0096get 0.0012% / 1h32m 44s$251K$548K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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

Funding earned
$0.21
Price spread: −0.035% → +0.024%
−$5.92
Slippage, 4 orders
−$33.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$50.84
Costs to cover
0.451%
Break-even
1701.8 days
Slippage from KuCoin: live order book, 1 min ago; Lighter: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago2.94 bp11.8 bp −$1230.7 bp −$307doesn't fitdoesn't fit
Sell Lighter live order book, 12 min ago1.70 bp7.2 bp −$716.8 bp −$168doesn't fitdoesn't fit

DOT on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya DOTRUSDPERP−0.0166%1h1.1893−0.201%$257as long as short
Injective DOT/USDC PERP−0.0117%1h1.1880−0.310%$325$62K12xas long as short
Kraken Futures PF_DOTUSD−0.0088%1h1.1907−0.084%$4.5M$1.4M50xas long as short
OKX DOT-USDT-SWAP−0.0039%8h1.1911−0.050%$9.3M$23.0M50xas long as short
dYdX DOT-USD0.0000%1h1.1896−0.177%$143K$6K10xas long as short
Deribit DOT_USDC-PERPETUAL0.0000%1h1.1906−0.092%$217K$118K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1902−0.125%$3K150xas long as short
Coinbase International DOT-PERP-INTX+0.0024%1h1.1890−0.227%$190K$1.9M50xas long as short
Bitget DOTUSDT+0.0068%8h1.1913−0.034%$23.0M$13.5M75xas long as short
KuCoin DOTUSDTMlong+0.0095%8h1.1917long leg$6.8M$8.8M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DOTshort+0.0096%1h1.1913−0.035%$251K$548K10x
Hyperliquid DOT+0.0100%1h1.1918+0.008%$5.3M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.1918+0.011%$893K$653K50xas long as short
Binance DOTUSDT+0.0100%8h1.1909−0.071%$44.3M$81.0M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1909−0.067%$24.5M$17.9M75xas long as short
Gate DOT_USDT+0.0100%8h1.1910−0.059%$7.1M$11.3M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1912−0.042%$27.5M$33.0M300xas long as short
BingX DOT-USDC+0.0100%8h1.1912−0.042%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1916−0.008%$83K$117K10xas long as short
Variational Omni DOT+0.0100%8h1.1854−0.531%$540K$91Kas long as short
edgeX DOTUSDC+0.0100%4h1.1853−0.536%$35K$331K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1850−0.561%$230K$478K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1900−0.143%$8K$27K10xas long as short
SunX DOT-USDT+0.0100%8h1.1908−0.076%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.1878−0.327%$247K$184K75xas long as short
Extended DOT-USD+0.0104%1h1.1910−0.059%$15K$240K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1909−0.067%$2.3M$777K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0300% / S −0.1014%1h1.1904−0.109%$22K100xas long as short
Phemex DOTUSDT+0.0489%8h1.1920+0.025%$2.2M$2.1M50xas long as short