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: BingX against BloFin−0.026%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2172.173% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.026%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.048% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1661 | 0.0220 | pay 0.0220% / 8h | 1h 43m | $2.1M | $900K | 75x |
| Short | BingX DOT-USDC | 1.1658 | 0.0100 | get 0.0100% / 8h | 1h 43m | — | $1.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.026% → +0.022%
- −$4.8
- Slippage, 4 orders
- −$195.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$247.26
- Costs to cover
- 2.173%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: 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 BloFin live order book, 5 min ago | 0.43 bp | 11.3 bp −$11 | 16.0 bp −$160 | 30.9 bp −$3,086 | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.00 bp | 102.2 bp −$102 | 575.7 bp −$5,757 | 863.2 bp −$86.3K | 1258.2 bp −$629.1K |
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 | −0.3847% | 1h | 1.1668 | +0.060% | $243K | $144K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1650 | −0.094% | $169K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1657 | −0.037% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1644 | −0.146% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1662 | +0.009% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.079% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1662 | +0.009% | $246K | $676K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1660 | −0.009% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1659 | −0.013% | $834K | $607K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1658 | −0.026% | $42.5M | $88.8M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1652 | −0.077% | $23.5M | $20.2M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1649 | −0.103% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1660 | −0.009% | $6.7M | $12.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1662 | +0.009% | $32.3M | $60.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1663 | +0.017% | $6.3M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1660 | −0.009% | $22.3M | $14.9M | 75x | as long as short |
| BingX DOT-USDCshort | +0.0100% | 8h | 1.1658 | −0.026% | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1648 | −0.111% | $90K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1647 | −0.116% | $530K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1667 | +0.047% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | −0.009% | $231K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1660 | −0.009% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1682 | +0.180% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1647 | −0.120% | $262K | $279K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1655 | −0.048% | $15K | $247K | 25x | as long as short |
| Phemex DOTUSDT | +0.0167% | 8h | 1.1670 | +0.077% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1661 | long leg | $2.1M | $900K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1663 | +0.014% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0328% | 1h | 1.1664 | +0.024% | $4.3M | $1.4M | 50x | as long as short |
BloFin DOT-USDT
BingX DOT-USDC
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD