Funding you earn now, next payment 23:00 UTC+0.0929%/8h= +101.8% APRnext payment +$1.16 per $10,000 · paid last 24h +0.286%
Price spread now: GMX against Lighter+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and GMX is 0.022% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.2060 | 0.0096 | pay 0.0012% / 1h | 13m 48s | $246K | $602K | 10x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.2062 | L +0.0304% / S −0.1025% | get 0.0128% / 1h | 13m 48s | $23K | — | 100x |
Lighter DOT
GMX DOT/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $195.14
- Price spread: +0.022% → 0.000%
- $2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $185.36
- Costs to cover
- 0.120%
- Break-even
- 0.4 days
Slippage unknown: Lighter: live order book, 62 min ago; GMX: no order-book sample. 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 Lighter live order book, 62 min ago | 2.80 bp | 6.4 bp −$6 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2054 | −0.049% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2080 | +0.170% | $197K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2070 | +0.087% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.328% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0013% | 8h | 1.2051 | −0.070% | $9.5M | $23.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2059 | −0.004% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2061 | +0.012% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0036% | 8h | 1.2057 | −0.021% | $6.8M | $8.7M | 75x | as long as short |
| Deribit DOT_USDC-PERPETUAL | +0.0082% | 1h | 1.2069 | +0.079% | $220K | $117K | 50x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.2060 | long leg | $246K | $602K | 10x |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Deribit DOT_USDC-PERPETUALShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2061 | +0.012% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2061 | +0.009% | $876K | $674K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2055 | −0.041% | $44.6M | $81.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2050 | −0.079% | $24.8M | $18.3M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2060 | +0.004% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2055 | −0.037% | $28.9M | $37.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2050 | −0.079% | $23.1M | $14.4M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2055 | −0.037% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2060 | +0.004% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2042 | −0.145% | $548K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2055 | −0.037% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2060 | +0.004% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2050 | −0.079% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2074 | +0.120% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2061 | +0.012% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2051 | −0.074% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2043 | −0.137% | $2.3M | $778K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0304% / S −0.1025% | 1h | 1.2062 | +0.022% | $23K | — | 100x | |
| Phemex DOTUSDT | +0.0307% | 8h | 1.2070 | +0.087% | $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-USDC
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
Phemex DOTUSDT