Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.061%
Price spread now: Phemex against Extended+0.136%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$570.569% of the position
Funding, last 7 days+0.771%+$77 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.136%, 7d avg +0.228%
=Together, before fees+0.790%+ Points / potential airdropExtended: Active · farm board+$79 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.092% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.228%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOT-USD | 1.1604 | 0.0104 | pay 0.0013% / 1h | 52m 45s | $14K | $267K | 25x |
| Short | Phemex DOTUSDT | 1.1620 | 0.0100 | get 0.0100% / 8h | 4h 52m | $2.4M | $2.1M | 50x |
Extended DOT-USD
Phemex DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$0.84
- Price spread: +0.136% → +0.228%
- −$9.25
- Slippage, 4 orders
- −$39.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 min ago; Phemex: 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 Extended live order book, 52 min ago | 1.29 bp | 8.3 bp −$8 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.29 bp | 24.1 bp −$24 | 51.7 bp −$517 | 116.8 bp −$11.7K | doesn't fit |
DOT on 29 exchanges
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 | −0.1640% | 1h | 1.1620 | +0.136% | $254K | $165K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1603 | −0.007% | $251 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1617 | +0.110% | $141K | $2K | 10x | as long as short |
| Coinbase International DOT-PERP-INTX | 0.0000% | 1h | 1.1620 | +0.136% | $169K | $1.4M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1615 | +0.088% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.583% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1612 | +0.067% | $240K | $596K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1608 | +0.032% | $5.5M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1619 | +0.125% | $837K | $438K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1610 | +0.050% | $42.5M | $76.2M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1602 | −0.019% | $23.8M | $17.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1610 | +0.050% | $9.0M | $22.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1610 | +0.050% | $6.5M | $9.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1610 | +0.050% | $34.3M | $68.6M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1611 | +0.058% | $6.3M | $9.3M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1602 | −0.019% | $22.5M | $13.2M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1607 | +0.024% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1613 | +0.075% | $88K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1610 | +0.053% | $529K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1617 | +0.109% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1620 | +0.136% | $226K | $393K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1610 | +0.050% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1627 | +0.196% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1614 | +0.084% | $263K | $247K | 75x | as long as short |
| Phemex DOTUSDTshort | +0.0100% | 8h | 1.1620 | +0.136% | $2.4M | $2.1M | 50x | |
| Extended DOT-USDlong | +0.0104% | 1h | 1.1604 | long leg | $14K | $267K | 25x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1617 | +0.110% | $1.9M | $789K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0296% / S −0.0987% | 1h | 1.1613 | +0.073% | $21K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0370% | 1h | 1.1624 | +0.168% | $4.5M | $1.6M | 50x | 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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD