Funding you earn now, next payment 21:00 UTC−0.0217%/8h= −23.8% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−0.369%102s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.369% cheaper against BingX than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOT-USDC | 1.1924 | 0.0100 | pay 0.0100% / 8h | 3h 29m | — | $1.3M | — |
| Short | Injective DOT/USDC PERP | 1.1880 | −0.0117 | pay 0.0015% / 1h | 29m 36s | $325 | $62K | 12x |
BingX DOT-USDC
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$45.58
- Price spread: −0.369% → 0.000%
- −$36.9
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$92.5
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
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, 9 min ago | 2.95 bp | 110.3 bp −$110 | 649.0 bp −$6,490 | 925.8 bp −$92.6K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0168% | 1h | 1.1944 | +0.168% | $218K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1935 | +0.096% | $258 | — | — | as long as short |
| Injective DOT/USDC PERPshort | −0.0117% | 1h | 1.1880 | −0.369% | $325 | $62K | 12x | |
| Kraken Futures PF_DOTUSD | −0.0088% | 1h | 1.1942 | +0.152% | $4.5M | $1.4M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0040% | 8h | 1.1898 | −0.218% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1937 | +0.109% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1939 | +0.126% | $3K | — | 150x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0024% | 1h | 1.1940 | +0.134% | $191K | $1.9M | 50x | as long as short |
| Bitget DOTUSDT | +0.0073% | 8h | 1.1924 | 0.000% | $23.0M | $13.5M | 75x | as long as short |
| KuCoin DOTUSDTM | +0.0093% | 8h | 1.1933 | +0.075% | $6.8M | $8.8M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Coinbase International DOT-PERP-INTX
Bitget DOTUSDT
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1928 | +0.030% | $260K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1944 | +0.168% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1936 | +0.098% | $894K | $653K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1922 | −0.015% | $44.3M | $80.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1902 | −0.185% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | +0.050% | $7.1M | $11.3M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1921 | −0.025% | $27.6M | $33.2M | 300x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.1924 | long leg | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1935 | +0.092% | $83K | $117K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1922 | −0.014% | $542K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1923 | −0.006% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1890 | −0.285% | $230K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | +0.134% | $9K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1948 | +0.201% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1950 | +0.218% | $249K | $195K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1918 | −0.052% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1928 | +0.034% | $2.3M | $777K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1937 | +0.105% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0479% | 8h | 1.1940 | +0.134% | $2.2M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT