Funding you earn now, next payment 01:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.150%
Price spread now: BingX against Deribit−0.042%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs+$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days+0.892%+$89 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.042%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.030% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.1962 | −0.0001 | get 0.0000% / 1h | 46m 14s | $219K | $116K | 50x |
| Short | BingX DOT-USDT | 1.1957 | 0.0100 | get 0.0100% / 8h | 7h 46m | — | $30.1M | — |
Deribit DOT_USDC-PERPETUAL
BingX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- $21.21
- Price spread: −0.042% → −0.072%
- $2.97
- Slippage, 4 orders
- −$25.77
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$18.59
- Costs to cover
- 0.428%
- Break-even
- 13.1 days
Slippage from Deribit: live order book, 27 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 Deribit live order book, 27 min ago | 5.39 bp | 9.7 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.25 bp | 12.1 bp −$12 | 16.7 bp −$167 | 43.9 bp −$4,386 | 198.5 bp −$99.2K |
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 | 1.1944 | −0.153% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1950 | −0.100% | $205K | $1.8M | 50x | as long as short |
| Deribit DOT_USDC-PERPETUALlong | −0.0001% | 1h | 1.1962 | long leg | $219K | $116K | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1949 | −0.108% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1952 | −0.084% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0016% | 8h | 1.1955 | −0.059% | $9.5M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.485% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0048% | 8h | 1.1956 | −0.050% | $6.6M | $9.0M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0075% | 1h | 1.1957 | −0.042% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0089% | 8h | 1.1941 | −0.178% | $544K | $61K | — | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Backpack DOT_USDC_PERP
Variational Omni DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1958 | −0.037% | $242K | $601K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1944 | −0.150% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1960 | −0.017% | $871K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1955 | −0.059% | $44.0M | $83.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1952 | −0.084% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1950 | −0.100% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1955 | −0.059% | $35.1M | $41.7M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1948 | −0.117% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDTshort | +0.0100% | 8h | 1.1957 | −0.042% | — | $30.1M | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1962 | 0.000% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1961 | −0.006% | $231K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1960 | −0.017% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1972 | +0.084% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1946 | −0.134% | $247K | $216K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1951 | −0.089% | $19K | $259K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1965 | +0.023% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1949 | −0.109% | $2.2M | $790K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1953 | −0.078% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0664% | 8h | 1.1980 | +0.150% | $2.3M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT