Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Injective against gTrade (Gains Network)+0.217%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.217% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | gTrade (Gains Network) DOT/USD | 1.1994 | L 0.0000% / S +0.0004% | pay 0.0000% / 1h | 29m 56s | $3K | — | 150x |
| Short | Injective DOT/USDC PERP | 1.2020 | 0.0033 | get 0.0004% / 1h | 29m 56s | $328 | $121K | 12x |
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- $6.9
- Price spread: +0.217% → 0.000%
- $21.68
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $18.56
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: no order-book sample. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOT on 28 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 | −0.1081% | 1h | 1.2002 | +0.067% | $219K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1989 | −0.045% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2010 | +0.133% | $198K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1988 | −0.049% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USDlong | L 0.0000% / S +0.0004% | 1h | 1.1994 | long leg | $3K | — | 150x | |
| Injective DOT/USDC PERPshort | +0.0033% | 1h | 1.2020 | +0.217% | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | +0.0040% | 8h | 1.2004 | +0.083% | $9.4M | $24.3M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0083% | 8h | 1.2006 | +0.100% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2005 | +0.090% | $271K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2005 | +0.092% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1995 | +0.008% | $868K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2002 | +0.065% | $44.1M | $84.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2006 | +0.100% | $24.7M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2010 | +0.133% | $6.8M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2004 | +0.083% | $35.1M | $46.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2000 | +0.050% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2007 | +0.108% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2004 | +0.083% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1979 | −0.128% | $546K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1953 | −0.343% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1944 | −0.415% | $229K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | −0.033% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2007 | +0.108% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1982 | −0.100% | $249K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1999 | +0.044% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2012 | +0.151% | $4.5M | $1.4M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1992 | −0.017% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0498% | 8h | 1.2020 | +0.217% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT