Funding you earn now, next payment 02:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.023%
Price spread now: Injective against Lighter−0.344%7-day average +0.575% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.465%+$47 · spread now −0.344%, 7d avg +0.575%
=Together, before fees+0.349%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.919% cheaper against Lighter than usual: you would sell low and buy high (−$92 if the spread goes back to its 7-day average of +0.575%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.2062 | 0.0096 | pay 0.0012% / 1h | 21m 15s | $272K | $630K | 10x |
| Short | Injective DOT/USDC PERP | 1.2020 | 0.0033 | get 0.0004% / 1h | 21m 15s | $328 | $121K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: −0.344% → +0.575%
- −$91.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$105.1
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 39 min ago; Injective: 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, 39 min ago | 1.92 bp | 11.4 bp −$11 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 28 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 | −0.1487% | 1h | 1.2066 | +0.037% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2057 | −0.034% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2060 | −0.012% | $198K | $1.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2058 | −0.032% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2065 | +0.027% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERPshort | +0.0033% | 1h | 1.2020 | −0.344% | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | +0.0051% | 8h | 1.2050 | −0.095% | $9.4M | $24.5M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0087% | 8h | 1.2055 | −0.054% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.2062 | long leg | $272K | $630K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.2061 | −0.004% | $5.5M | $3.5M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2060 | −0.012% | $872K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2052 | −0.077% | $44.6M | $85.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2053 | −0.070% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2060 | −0.012% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2055 | −0.054% | $35.9M | $46.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2050 | −0.095% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2053 | −0.070% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2052 | −0.079% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2052 | −0.083% | $548K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2060 | −0.012% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2060 | −0.015% | $231K | $421K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2060 | −0.012% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2079 | +0.145% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2067 | +0.046% | $251K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2050 | −0.092% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2062 | 0.000% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2061 | −0.005% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0398% | 8h | 1.2070 | +0.070% | $2.3M | $2.2M | 50x | as long as short |
Lighter DOT
Injective DOT/USDC PERP
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
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
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT