Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.007%
Price spread now: dYdX against Binance−0.018%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.018%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.041% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.1838 | 0.0100 | pay 0.0100% / 8h | 2h 57m | $43.8M | $80.5M | 75x |
| Short | dYdX DOT-USD | 1.1836 | 0 | get 0.0000% / 1h | 57m 30s | $143K | $6K | 10x |
Binance DOTUSDT
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.018% → +0.023%
- −$4.11
- Slippage, 4 orders
- −$132.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$177.93
- Costs to cover
- 1.528%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; dYdX: 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 Binance live order book, 15 min ago | 0.42 bp | 8.9 bp −$9 | 15.2 bp −$152 | 46.8 bp −$4,683 | doesn't fit |
| Sell dYdX live order book, 31 min ago | 62.79 bp | 67.8 bp −$68 | 124.6 bp −$1,246 | 170.3 bp −$17.0K | 761.9 bp −$380.9K |
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 | 1.1838 | +0.002% | $256 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1831 | −0.056% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.152% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1840 | +0.017% | $190K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0045% | 8h | 1.1839 | +0.008% | $9.2M | $23.0M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1836 | −0.018% | $143K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1838 | 0.000% | $216K | $118K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1839 | +0.007% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0049% | 8h | 1.1828 | −0.084% | $6.7M | $8.8M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0086% | 1h | 1.1821 | −0.144% | $94K | $123K | 10x | as long as short |
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1834 | −0.033% | $259K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1832 | −0.051% | $5.2M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1833 | −0.045% | $887K | $654K | 50x | as long as short |
| Binance DOTUSDTlong | +0.0100% | 8h | 1.1838 | long leg | $43.8M | $80.5M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1839 | +0.008% | $24.3M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.068% | $6.8M | $11.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1829 | −0.076% | $30.4M | $33.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1841 | +0.025% | $22.8M | $13.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1832 | −0.051% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1847 | +0.073% | $539K | $92K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1831 | −0.062% | $34K | $330K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1834 | −0.030% | $229K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1830 | −0.068% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1839 | +0.008% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1846 | +0.068% | $246K | $206K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1833 | −0.038% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1834 | −0.034% | $2.3M | $769K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1835 | −0.023% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0403% | 8h | 1.1840 | +0.017% | $2.1M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT