Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.006%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now −0.006%, 7d avg −0.050%
=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: BingX is 0.044% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOT | 1.2173 | 0.0096 | pay 0.0012% / 1h | 48m 32s | $249K | $602K | 10x |
| Short | BingX DOT-USDC | 1.2172 | 0.0100 | get 0.0100% / 8h | 48m 32s | — | $1.3M | — |
Lighter DOT
BingX DOT-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0.84
- Price spread: −0.006% → −0.050%
- $4.39
- Slippage, 4 orders
- −$185.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$190.61
- Costs to cover
- 1.958%
- Break-even
- 1595.4 days
Slippage from Lighter: live order book, 22 min ago; BingX: live order book, 7 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, 22 min ago | 2.94 bp | 7.0 bp −$7 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.89 bp | 83.8 bp −$84 | 248.1 bp −$2,481 | 504.0 bp −$50.4K | 1055.2 bp −$527.6K |
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 | −0.0817% | 1h | 1.2175 | +0.019% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2180 | +0.059% | $264 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2170 | −0.022% | $209K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2168 | −0.036% | $147K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2173 | +0.002% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0004% | 8h | 1.2180 | +0.060% | $9.7M | $24.3M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0031% | 1h | 1.2173 | −0.001% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −1.254% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0048% | 8h | 1.2175 | +0.019% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOTlong | +0.0096% | 1h | 1.2173 | long leg | $249K | $602K | 10x |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2172 | −0.006% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2172 | −0.005% | $886K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2188 | +0.126% | $45.1M | $82.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2183 | +0.085% | $25.0M | $18.4M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2170 | −0.022% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2170 | −0.022% | $30.9M | $39.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2180 | +0.060% | $23.4M | $14.7M | 75x | as long as short |
| BingX DOT-USDCshort | +0.0100% | 8h | 1.2172 | −0.006% | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2164 | −0.071% | $97K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2157 | −0.129% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2156 | −0.135% | $36K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2160 | −0.104% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2160 | −0.104% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2186 | +0.109% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2148 | −0.203% | $251K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2173 | −0.001% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2167 | −0.047% | $2.3M | $793K | 75x | as long as short |
| Phemex DOTUSDT | +0.0294% | 8h | 1.2180 | +0.060% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2172 | −0.009% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
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
GMX DOT/USD [WBTC.b-USDC]