Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Binance+0.153%111s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as 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−$400.403% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.153%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.167% dearer against Binance than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 111 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 | Binance DOTUSDT | 1.1664 | 0.0100 | pay 0.0100% / 8h | 1h 43m | $42.5M | $88.7M | 75x |
| Short | BloFin DOT-USDT | 1.1682 | 0.0220 | get 0.0220% / 8h | 1h 43m | $2.1M | $902K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.153% → −0.014%
- $16.67
- Slippage, 4 orders
- −$18.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.59
- Costs to cover
- 0.403%
- Break-even
- 6.6 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 5 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, 14 min ago | 0.43 bp | 8.1 bp −$8 | 15.2 bp −$152 | 52.7 bp −$5,271 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.43 bp | 10.9 bp −$11 | 14.2 bp −$142 | 35.1 bp −$3,514 | 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 | −0.3934% | 1h | 1.1661 | −0.027% | $242K | $144K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1670 | +0.050% | $170K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1657 | −0.064% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1644 | −0.173% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1662 | −0.018% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.051% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1646 | −0.154% | $246K | $676K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1660 | −0.036% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1664 | 0.000% | $835K | $607K | 50x | as long as short |
| Binance DOTUSDTlong | +0.0100% | 8h | 1.1664 | long leg | $42.5M | $88.7M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1655 | −0.078% | $23.5M | $20.2M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1656 | −0.070% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1660 | −0.036% | $6.7M | $12.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1662 | −0.018% | $32.3M | $60.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1663 | −0.010% | $6.3M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1660 | −0.036% | $22.3M | $14.9M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1658 | −0.053% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1648 | −0.138% | $90K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1647 | −0.143% | $530K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1667 | +0.020% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | −0.036% | $231K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1660 | −0.036% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1672 | +0.067% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1684 | +0.170% | $263K | $279K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1657 | −0.062% | $15K | $247K | 25x | as long as short |
| Phemex DOTUSDT | +0.0164% | 8h | 1.1670 | +0.050% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDTshort | +0.0220% | 8h | 1.1682 | +0.153% | $2.1M | $902K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1663 | −0.013% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0328% | 1h | 1.1659 | −0.040% | $4.3M | $1.4M | 50x | as long as short |
Binance DOTUSDT
BloFin DOT-USDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
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
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD