Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.031%
Price spread now: Bybit against dYdX−0.055%50s7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2862.864% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.055%, 7d avg −0.060%
=The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1976 | 0 | get 0.0000% / 1h | 18m 53s | $144K | $6K | 10x |
| Short | Bybit DOTUSDT | 1.1969 | 0.0100 | get 0.0100% / 8h | 5h 18m | $24.6M | $19.0M | 75x |
dYdX DOT-USD
Bybit DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.055% → −0.060%
- $0.51
- Slippage, 4 orders
- −$265.37
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$264.86
- Costs to cover
- 2.864%
- Break-even
- 95.3 days
Slippage from dYdX: live order book, 45 min ago; Bybit: live order book, 5 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, 45 min ago | 124.58 bp | 129.6 bp −$130 | 129.6 bp −$1,296 | 158.3 bp −$15.8K | 654.1 bp −$327.1K |
| Sell Bybit live order book, 5 min ago | 0.42 bp | 14.9 bp −$15 | 32.5 bp −$325 | 92.5 bp −$9,254 | 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 | −0.2001% | 1h | 1.1970 | −0.047% | $228K | $115K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0376% | 1h | 1.1980 | +0.037% | $197K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1971 | −0.041% | $259 | — | — | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1976 | long leg | $144K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1974 | −0.009% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.371% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1971 | −0.042% | $271K | $632K | 10x | as long as short |
| OKX DOT-USDT-SWAP | +0.0098% | 8h | 1.1968 | −0.064% | $9.4M | $24.2M | 50x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1969 | −0.055% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1980 | +0.037% | $864K | $707K | 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
Lighter DOT
OKX DOT-USDT-SWAP
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1971 | −0.038% | $44.0M | $85.3M | 75x | as long as short |
| Bybit DOTUSDTshort | +0.0100% | 8h | 1.1969 | −0.055% | $24.6M | $19.0M | 75x | |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.047% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1970 | −0.047% | $32.7M | $49.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1971 | −0.038% | $6.6M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1963 | −0.105% | $22.8M | $14.9M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1971 | −0.038% | — | $29.7M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1968 | −0.064% | $93K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1983 | +0.064% | $545K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1987 | +0.092% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2011 | +0.295% | $229K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | −0.047% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1983 | +0.062% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1962 | −0.114% | $260K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1963 | −0.102% | $14K | $305K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1978 | +0.020% | $2.2M | $879K | 75x | as long as short |
| Phemex DOTUSDT | +0.0251% | 8h | 1.1970 | −0.047% | $2.3M | $2.2M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1973 | −0.021% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0409% | 1h | 1.1969 | −0.051% | $4.5M | $1.5M | 50x | as long as short |
Binance DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
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
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD