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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1917 | 0.0095 | pay 0.0095% / 8h | 3h 32m | $6.8M | $8.8M | 75x |
| Short | Lighter DOT | 1.1913 | 0.0096 | get 0.0012% / 1h | 32m 44s | $251K | $548K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 1 min ago | 2.94 bp | 11.8 bp −$12 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 min ago | 1.70 bp | 7.2 bp −$7 | 16.8 bp −$168 | 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 | 1.1893 | −0.201% | $257 | — | — | as long as short |
| Injective DOT/USDC PERP | −0.0117% | 1h | 1.1880 | −0.310% | $325 | $62K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0088% | 1h | 1.1907 | −0.084% | $4.5M | $1.4M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1911 | −0.050% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1896 | −0.177% | $143K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1906 | −0.092% | $217K | $118K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1902 | −0.125% | $3K | — | 150x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0024% | 1h | 1.1890 | −0.227% | $190K | $1.9M | 50x | as long as short |
| Bitget DOTUSDT | +0.0068% | 8h | 1.1913 | −0.034% | $23.0M | $13.5M | 75x | as long as short |
| KuCoin DOTUSDTMlong | +0.0095% | 8h | 1.1917 | long leg | $6.8M | $8.8M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOTshort | +0.0096% | 1h | 1.1913 | −0.035% | $251K | $548K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1918 | +0.008% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1918 | +0.011% | $893K | $653K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1909 | −0.071% | $44.3M | $81.0M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1909 | −0.067% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1910 | −0.059% | $7.1M | $11.3M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1912 | −0.042% | $27.5M | $33.0M | 300x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1912 | −0.042% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1916 | −0.008% | $83K | $117K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1854 | −0.531% | $540K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1853 | −0.536% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1850 | −0.561% | $230K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1900 | −0.143% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1908 | −0.076% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1878 | −0.327% | $247K | $184K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1910 | −0.059% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1909 | −0.067% | $2.3M | $777K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1904 | −0.109% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0489% | 8h | 1.1920 | +0.025% | $2.2M | $2.1M | 50x | as long as short |
KuCoin DOTUSDTM
Lighter DOT
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Coinbase International DOT-PERP-INTX
Bitget DOTUSDT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT