Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.009%
Price spread now: OKX against dYdX+0.008%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.008%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.053% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.2092 | 0 | get 0.0000% / 1h | 16m 41s | $146K | $6K | 10x |
| Short | OKX DOT-USDT-SWAP | 1.2093 | 0.0023 | get 0.0023% / 8h | 7h 16m | $9.5M | $24.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.83
- Price spread: +0.008% → −0.045%
- $5.32
- Slippage, 4 orders
- −$94.26
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.11
- Costs to cover
- 1.143%
- Break-even
- 158.0 days
Slippage from dYdX: live order book, 57 min ago; OKX: 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 dYdX live order book, 57 min ago | 41.42 bp | 46.4 bp −$46 | 74.6 bp −$746 | 108.5 bp −$10.8K | 144.7 bp −$72.3K |
| Sell OKX live order book, 2 min ago | 0.83 bp | 10.1 bp −$10 | 26.2 bp −$262 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2067 | −0.206% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2070 | −0.182% | $207K | $1.8M | 50x | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.2092 | long leg | $146K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2080 | −0.100% | $221K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2071 | −0.171% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAPshort | +0.0023% | 8h | 1.2093 | +0.008% | $9.5M | $24.3M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.596% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0065% | 8h | 1.2084 | −0.067% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2089 | −0.022% | $245K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2094 | +0.016% | $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 | 1.2084 | −0.067% | $879K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2093 | +0.010% | $44.5M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2093 | +0.008% | $25.0M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2090 | −0.017% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2089 | −0.025% | $27.0M | $43.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2087 | −0.042% | $23.1M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2086 | −0.050% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2082 | −0.083% | $97K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2081 | −0.096% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2071 | −0.176% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2080 | −0.100% | $234K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2070 | −0.182% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2084 | −0.067% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2069 | −0.191% | $251K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2083 | −0.072% | $15K | $295K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2081 | −0.090% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2072 | −0.166% | $2.2M | $796K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2070 | −0.181% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0572% | 8h | 1.2090 | −0.017% | $2.3M | $2.1M | 50x | as long as short |
OKX DOT-USDT-SWAP
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT