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: Binance against BloFin−0.017%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.017%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1845 | 0.0220 | pay 0.0220% / 8h | 4h 04m | $2.2M | $899K | 75x |
| Short | Binance DOTUSDT | 1.1843 | 0.0100 | get 0.0100% / 8h | 4h 04m | $43.6M | $85.0M | 75x |
BloFin DOT-USDT
Binance DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: −0.017% → +0.011%
- −$2.74
- Slippage, 4 orders
- −$14.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.93
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 8 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 BloFin live order book, 3 min ago | 2.53 bp | 9.3 bp −$9 | 15.1 bp −$151 | 33.9 bp −$3,391 | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.42 bp | 10.0 bp −$10 | 20.4 bp −$204 | 57.1 bp −$5,711 | 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 | −0.1856% | 1h | 1.1847 | +0.017% | $225K | $121K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1850 | +0.042% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1846 | +0.007% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1839 | −0.052% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1849 | +0.034% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.477% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1836 | −0.073% | $268K | $636K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1853 | +0.068% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1847 | +0.014% | $844K | $597K | 50x | as long as short |
| Binance DOTUSDTshort | +0.0100% | 8h | 1.1843 | −0.017% | $43.6M | $85.0M | 75x |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1839 | −0.051% | $24.3M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1841 | −0.034% | $9.4M | $24.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.127% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1848 | +0.025% | $30.1M | $53.6M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1837 | −0.068% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1843 | −0.017% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1838 | −0.059% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1836 | −0.076% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1833 | −0.098% | $538K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1849 | +0.032% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1850 | +0.042% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | −0.042% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1857 | +0.101% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1842 | −0.025% | $257K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1834 | −0.096% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0144% | 8h | 1.1850 | +0.042% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1845 | −0.001% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1845 | long leg | $2.2M | $899K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1840 | −0.042% | $22K | — | 100x | as long as short |
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
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]