Funding you earn now, next payment 01:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.010%
Price spread now: Lighter against BloFin+0.276%60s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.276%, 7d avg +0.016%
=Together, before fees−0.302%+ Points / potential airdropLighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.260% dearer against BloFin than usual: you sell high and buy low (spread +0.276% now, against its 7-day average of +0.016%): +$26 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 7 days (−0.114% in total) that is about 16 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1968 | 0.0220 | pay 0.0220% / 8h | 7h 34m | $2.2M | $786K | 75x |
| Short | Lighter DOT | 1.2001 | 0.0096 | get 0.0012% / 1h | 34m 06s | $243K | $601K | 10x |
BloFin DOT-USDT
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$26.04
- Price spread: +0.276% → +0.016%
- $25.97
- Slippage, 4 orders
- −$27.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.24
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 31 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 BloFin live order book, 4 min ago | 0.42 bp | 11.4 bp −$11 | 18.7 bp −$187 | 42.7 bp −$4,272 | doesn't fit |
| Sell Lighter live order book, 31 min ago | 3.28 bp | 9.9 bp −$10 | 20.8 bp −$208 | 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 | 1.1995 | +0.223% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1980 | +0.100% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1978 | +0.084% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2000 | +0.267% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0009% | 8h | 1.2001 | +0.276% | $9.4M | $24.0M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.434% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0056% | 8h | 1.1997 | +0.242% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.2001 | +0.276% | $243K | $601K | 10x | |
| Variational Omni DOT | +0.0097% | 8h | 1.1962 | −0.053% | $544K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2005 | +0.309% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Variational Omni DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1998 | +0.250% | $872K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2008 | +0.334% | $44.2M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2003 | +0.292% | $24.8M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2000 | +0.267% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2003 | +0.292% | $36.4M | $42.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2004 | +0.301% | $23.0M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2003 | +0.292% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2006 | +0.318% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1979 | +0.092% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1979 | +0.093% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | +0.184% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2018 | +0.418% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1965 | −0.025% | $247K | $213K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1994 | +0.220% | $14K | $320K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.2012 | +0.365% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1968 | long leg | $2.2M | $786K | 75x | |
| Deribit DOT_USDC-PERPETUAL | +0.0250% | 1h | 1.2008 | +0.334% | $219K | $116K | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2001 | +0.275% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0485% | 8h | 1.2010 | +0.351% | $2.3M | $2.1M | 50x | as long as short |
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
Deribit DOT_USDC-PERPETUAL
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT