Funding you earn now, next payment 09:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.079%
Price spread now: Lighter against Reya+0.133%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.133% dearer against Reya than usual: you sell high and buy low: +$13 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 | Reya DOTRUSDPERP | 1.1639 | −0.0166 | get 0.0021% / 1h | 26m 48s | $252 | — | — |
| Short | Lighter DOT | 1.1655 | 0.0096 | get 0.0012% / 1h | 26m 48s | $245K | $673K | 10x |
Reya DOTRUSDPERP
Lighter DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $55.08
- Price spread: +0.133% → 0.000%
- $13.31
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $62.39
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 64 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 64 min ago | 2.25 bp | 7.9 bp −$8 | 20.7 bp −$207 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2573% | 1h | 1.1658 | +0.162% | $254K | $170K | 50x | as long as short |
| Reya DOTRUSDPERPlong | −0.0166% | 1h | 1.1639 | long leg | $252 | — | — | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1658 | +0.161% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1639 | +0.001% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.273% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1660 | +0.179% | $169K | $2.0M | 50x | as long as short |
| Lighter DOTshort | +0.0096% | 1h | 1.1655 | +0.133% | $245K | $673K | 10x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1654 | +0.128% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1663 | +0.209% | $840K | $621K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1656 | +0.146% | $42.5M | $88.9M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1651 | +0.102% | $23.7M | $20.4M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1651 | +0.102% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1660 | +0.179% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1661 | +0.188% | $31.9M | $65.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1659 | +0.171% | $6.2M | $9.6M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1650 | +0.094% | $22.5M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1661 | +0.188% | — | $9.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1658 | +0.162% | $86K | $134K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1630 | −0.082% | $529K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1635 | −0.036% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1640 | +0.008% | $221K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1650 | +0.094% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1663 | +0.205% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1636 | −0.027% | $263K | $284K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1654 | +0.129% | $16K | $271K | 25x | as long as short |
| Phemex DOTUSDT | +0.0154% | 8h | 1.1670 | +0.265% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1645 | +0.051% | $1.9M | $909K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0245% | 1h | 1.1659 | +0.175% | $4.3M | $1.6M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1652 | +0.113% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
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
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]