Lubricant transfer from disk to slider and lubricant accumulation on slider are very important in designing a stable slider-disk interface of ultra-low spacing. In this article, the effects of different parameters on the lubricant transfer and accumulation are studied and the reasons behind the effects are explained. Furthermore, the time for the lubricant transfer to reach steady state is estimated. It is found that lubricant molecular weight plays a dominant role in the lubricant transfer and accumulation. Lubricant transfer and accumulation decrease dramatically with the increase in lubricant molecular weight. Lubricant transfer also strongly depends on lubricant thickness and bonding ratio on disk surface. A thinner lubricant and higher lubricant bonding ratio on disk surface reduce lubricant transfer obviously, which results in less lubricant accumulation. A diamond-like-carbon (DLC) overcoat of low adsorption area density on slider surface can reduce lubricant transfer and accumulation, especially for lubricant of low molecular weight. Lubricant accumulation increases with disk velocity and increases slightly with the decrease in slider flying height. Lubricant accumulation can be reduced by minimizing the area of slider pad. Lubricant transfer and accumulation become worse at higher ambient temperature. It takes seconds for lubricant of low molecular weight to reach steady transferred thickness and hours for lubricant of high molecular weight to reach the steady state.