Funding you earn now, next payment 22:00 UTC−0.0776%/8h= −85.0% APRpaid last 24h −0.191%
Price spread now: Deribit against BingX+0.059%54s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as 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−$2562.564% of the position
Funding, last 7 days−0.880%−$88 on $10k
+Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.059%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate. The two prices were read 54 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 | BingX DOT-USDC | 1.1855 | 0.0100 | pay 0.0100% / 8h | 2h 41m | — | $1.3M | — |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1862 | −0.0676 | pay 0.0085% / 1h | 41m 27s | $217K | $118K | 50x |
BingX DOT-USDC
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$162.96
- Price spread: +0.059% → +0.066%
- −$0.72
- Slippage, 4 orders
- −$239.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$420.08
- Costs to cover
- 2.564%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Deribit: live order book, 47 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, 4 min ago | 2.54 bp | 131.2 bp −$131 | 602.7 bp −$6,027 | 1106.2 bp −$110.6K | doesn't fit |
| Sell Deribit live order book, 47 min ago | 7.57 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | 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-PERPETUALshort | −0.0676% | 1h | 1.1862 | +0.059% | $217K | $118K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1856 | +0.011% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1870 | +0.124% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.295% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1830 | −0.211% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1857 | +0.017% | $9.3M | $22.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1859 | +0.030% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1863 | +0.067% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0039% | 8h | 1.1860 | +0.042% | $6.7M | $8.6M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0053% | 1h | 1.1858 | +0.025% | $95K | $120K | 10x | as long as short |
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended DOT-USD | +0.0088% | 1h | 1.1854 | −0.004% | $15K | $240K | 25x | as long as short |
| MEXC DOT_USDT | +0.0089% | 8h | 1.1858 | +0.025% | $32.0M | $34.0M | 300x | as long as short |
| Binance DOTUSDT | +0.0092% | 8h | 1.1854 | −0.006% | $43.8M | $79.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1854 | −0.008% | $259K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1866 | +0.095% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1852 | −0.026% | $888K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1854 | −0.008% | $24.3M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1860 | +0.042% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1855 | 0.000% | $22.8M | $13.4M | 75x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.1855 | long leg | — | $1.3M | — | |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.510% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1806 | −0.411% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1806 | −0.413% | $229K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1850 | −0.042% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1883 | +0.236% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1820 | −0.295% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0207% | 8h | 1.1837 | −0.152% | $2.3M | $753K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1864 | +0.075% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0396% | 8h | 1.1870 | +0.127% | $2.2M | $2.1M | 50x | as long as short |
Extended DOT-USD
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT