Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.014%
Price spread now: Lighter against Binance+0.087%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.087%, 7d avg +0.029%
=Together, before fees+0.071%+ Points / potential airdropLighter: Season 3 · farm board+$7 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 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.1986 | 0.0100 | pay 0.0100% / 8h | 3h 51m | $44.2M | $84.9M | 75x |
| Short | Lighter DOT | 1.1996 | 0.0096 | get 0.0012% / 1h | 51m 39s | $271K | $626K | 10x |
Binance DOTUSDT
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$0.84
- Price spread: +0.087% → +0.029%
- $5.81
- Slippage, 4 orders
- −$24.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$29.53
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 59 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 Binance live order book, 6 min ago | 0.42 bp | 9.8 bp −$10 | 16.2 bp −$162 | 55.6 bp −$5,561 | doesn't fit |
| Sell Lighter live order book, 59 min ago | 2.66 bp | 10.1 bp −$10 | 21.6 bp −$216 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1996% | 1h | 1.1997 | +0.092% | $228K | $120K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1990 | +0.033% | $197K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1988 | +0.013% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1988 | +0.015% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1994 | +0.065% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.284% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0057% | 1h | 1.1992 | +0.046% | $4.5M | $1.4M | 50x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.1996 | +0.087% | $271K | $626K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1994 | +0.068% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2000 | +0.117% | $855K | $593K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDTlong | +0.0100% | 8h | 1.1986 | long leg | $44.2M | $84.9M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1986 | 0.000% | $24.6M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1987 | +0.008% | $9.5M | $24.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1990 | +0.033% | $6.7M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1986 | 0.000% | $32.0M | $53.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1996 | +0.083% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1980 | −0.050% | $22.9M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1984 | −0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1989 | +0.025% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1903 | −0.693% | $542K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1978 | −0.064% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1980 | −0.048% | $238K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | +0.033% | $8K | $21K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2009 | +0.192% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2002 | +0.133% | $261K | $254K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1979 | −0.055% | $14K | $305K | 25x | as long as short |
| Phemex DOTUSDT | +0.0111% | 8h | 1.2000 | +0.117% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1999 | +0.108% | $2.2M | $905K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1992 | +0.048% | $22K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]