Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%
Price spread now: Binance against dYdX+0.166%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.166%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.192% dearer against dYdX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1674 | 0 | get 0.0000% / 1h | 39m 02s | $141K | $6K | 10x |
| Short | Binance DOTUSDT | 1.1694 | 0.0100 | get 0.0100% / 8h | 2h 39m | $42.8M | $86.0M | 75x |
dYdX DOT-USD
Binance DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- Price spread: +0.166% → −0.025%
- $19.16
- Slippage, 4 orders
- −$142.99
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.83
- Costs to cover
- 1.630%
- Break-even
- 47.9 days
Slippage from dYdX: live order book, 10 min ago; Binance: live order book, 4 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 dYdX live order book, 10 min ago | 67.63 bp | 72.6 bp −$73 | 72.6 bp −$726 | 100.2 bp −$10.0K | 118.7 bp −$59.4K |
| Sell Binance live order book, 4 min ago | 0.43 bp | 9.2 bp −$9 | 18.5 bp −$185 | 52.6 bp −$5,264 | 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 | −0.3331% | 1h | 1.1686 | +0.101% | $232K | $133K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1690 | +0.135% | $172K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1671 | −0.025% | $253 | — | — | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1674 | long leg | $141K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1679 | +0.044% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.962% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0092% | 1h | 1.1686 | +0.104% | $4.3M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1682 | +0.066% | $249K | $662K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1683 | +0.075% | $5.2M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1686 | +0.099% | $833K | $597K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDTshort | +0.0100% | 8h | 1.1694 | +0.166% | $42.8M | $86.0M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1692 | +0.152% | $23.7M | $19.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1691 | +0.143% | $9.1M | $24.6M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1680 | +0.049% | $6.5M | $12.1M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1691 | +0.143% | $27.7M | $57.2M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1690 | +0.135% | $6.2M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1690 | +0.135% | $22.3M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1863 | +1.617% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1679 | +0.041% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1725 | +0.432% | $534K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1749 | +0.637% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1730 | +0.478% | $233K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | −0.036% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1702 | +0.238% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1682 | +0.066% | $262K | $269K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | +0.135% | $2.3M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1686 | +0.097% | $15K | $245K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1673 | −0.011% | $2.2M | $880K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1012% | 1h | 1.1678 | +0.032% | $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
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]