Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against BingX−0.025%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1901.899% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.025%, 7d avg +0.003%
=Funding pays, the price is against you. BloFin is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOT-USDC | 1.1874 | 0.0100 | pay 0.0100% / 8h | 4h 31m | — | $1.3M | — |
| Short | BloFin DOT-USDT | 1.1871 | 0.0220 | get 0.0220% / 8h | 4h 31m | $2.2M | $888K | 75x |
BingX DOT-USDC
BloFin DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: −0.025% → +0.003%
- −$2.8
- Slippage, 4 orders
- −$167.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$167.54
- Costs to cover
- 1.899%
- Break-even
- 53.5 days
Slippage from BingX: live order book, 15 min ago; BloFin: live order book, 2 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 BingX live order book, 15 min ago | 2.96 bp | 86.4 bp −$86 | 200.9 bp −$2,009 | 479.9 bp −$48.0K | 1066.2 bp −$533.1K |
| Sell BloFin live order book, 2 min ago | 0.42 bp | 13.6 bp −$14 | 22.8 bp −$228 | 54.4 bp −$5,444 | 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 | −0.2102% | 1h | 1.1875 | +0.008% | $228K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1860 | −0.118% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1868 | −0.054% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1864 | −0.084% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1871 | −0.025% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.230% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0093% | 8h | 1.1873 | −0.008% | $9.4M | $24.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1874 | −0.003% | $268K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1873 | −0.008% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1875 | +0.004% | $857K | $580K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1870 | −0.031% | $43.7M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1871 | −0.025% | $24.3M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.034% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1871 | −0.025% | $26.9M | $52.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1872 | −0.017% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1860 | −0.118% | $22.6M | $14.8M | 75x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.1874 | long leg | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1850 | −0.202% | $92K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1783 | −0.763% | $536K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | −0.559% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1810 | −0.541% | $235K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | −0.118% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1885 | +0.093% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | −0.522% | $257K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1865 | −0.072% | $17K | $304K | 25x | as long as short |
| Phemex DOTUSDT | +0.0145% | 8h | 1.1880 | +0.051% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0213% | 1h | 1.1876 | +0.019% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDTshort | +0.0220% | 8h | 1.1871 | −0.025% | $2.2M | $888K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1871 | −0.023% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]