Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.079%
Price spread now: Coinbase International against Lighter−0.001%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.001%, 7d avg +0.007%
=Together, before fees−0.369%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.1970 | 0.0096 | pay 0.0012% / 1h | 36m 19s | $242K | $601K | 10x |
| Short | Coinbase International DOT-PERP-INTX | 1.1970 | −0.0048 | pay 0.0006% / 1h | 36m 19s | $205K | $1.8M | 50x |
Lighter DOT
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter. 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
- −$30.24
- Price spread: −0.001% → +0.007%
- −$0.82
- Slippage, 4 orders
- −$41.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$82.56
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 29 min ago; Coinbase International: live order book, 2 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 Lighter live order book, 29 min ago | 3.28 bp | 7.4 bp −$7 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.17 bp | 16.8 bp −$17 | 21.9 bp −$219 | 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 | 1.1961 | −0.072% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0048% | 1h | 1.1970 | −0.001% | $205K | $1.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1982 | +0.099% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1978 | +0.066% | $219K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1972 | +0.014% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0010% | 8h | 1.1960 | −0.084% | $9.4M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.417% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0054% | 8h | 1.1970 | −0.001% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.1970 | long leg | $242K | $601K | 10x | |
| Variational Omni DOT | +0.0097% | 8h | 1.1962 | −0.071% | $544K | $61K | — | as long as short |
Reya DOTRUSDPERP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Variational Omni DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1969 | −0.009% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1980 | +0.083% | $872K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1968 | −0.018% | $44.0M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1964 | −0.051% | $24.7M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.001% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1970 | −0.001% | $36.2M | $42.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1970 | −0.001% | $22.9M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1967 | −0.026% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1981 | +0.091% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1979 | +0.075% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1979 | +0.075% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | −0.001% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1984 | +0.116% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1968 | −0.018% | $247K | $214K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1962 | −0.070% | $17K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1977 | +0.055% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1984 | +0.116% | $2.2M | $787K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1972 | +0.013% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0571% | 8h | 1.1990 | +0.166% | $2.3M | $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-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT