Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.031%
Price spread now: dYdX against BloFin−0.040%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2132.128% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.040%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.2117 | 0.0220 | pay 0.0220% / 8h | 55m 24s | $2.3M | $789K | 75x |
| Short | dYdX DOT-USD | 1.2112 | 0 | get 0.0000% / 1h | 55m 24s | $146K | $6K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$46.2
- Price spread: −0.040% → +0.026%
- −$6.62
- Slippage, 4 orders
- −$190.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$265.67
- Costs to cover
- 2.128%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; dYdX: live order book, 24 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 | 1.24 bp | 10.2 bp −$10 | 14.3 bp −$143 | 29.2 bp −$2,917 | doesn't fit |
| Sell dYdX live order book, 24 min ago | 82.44 bp | 87.4 bp −$87 | 129.3 bp −$1,293 | 175.1 bp −$17.5K | 198.8 bp −$99.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2113 | −0.036% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2090 | −0.223% | $209K | $1.9M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0008% | 8h | 1.2114 | −0.025% | $9.6M | $24.0M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.2112 | −0.040% | $146K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2118 | +0.012% | $5K | — | 150x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2127 | +0.084% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.801% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0047% | 8h | 1.2114 | −0.025% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2119 | +0.017% | $247K | $601K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2121 | +0.033% | $5.4M | $3.4M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2117 | +0.003% | $882K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2116 | −0.010% | $44.8M | $81.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2109 | −0.066% | $24.9M | $18.4M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2110 | −0.058% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2115 | −0.017% | $30.3M | $38.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2113 | −0.033% | $23.3M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2114 | −0.025% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2106 | −0.091% | $97K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2105 | −0.100% | $550K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2096 | −0.176% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2098 | −0.153% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2110 | −0.058% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2133 | +0.132% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2103 | −0.116% | $250K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2112 | −0.041% | $15K | $235K | 25x | as long as short |
| Deribit DOT_USDC-PERPETUAL | +0.0162% | 1h | 1.2127 | +0.083% | $222K | $117K | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.2117 | long leg | $2.3M | $789K | 75x | |
| Phemex DOTUSDT | +0.0293% | 8h | 1.2130 | +0.107% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2119 | +0.012% | $23K | — | 100x | as long as short |
BloFin DOT-USDT
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Deribit DOT_USDC-PERPETUAL
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]