Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: dYdX against Gate−0.207%46s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$1261.265% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.207%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.244% cheaper against Gate than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 46 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 | Gate DOT_USDT | 1.2090 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $6.8M | $11.6M | 75x |
| Short | dYdX DOT-USD | 1.2065 | 0 | get 0.0000% / 1h | 20m 52s | $145K | $6K | 10x |
Gate DOT_USDT
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Gate. 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: −0.207% → +0.037%
- −$24.42
- Slippage, 4 orders
- −$101.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$171.9
- Costs to cover
- 1.265%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; dYdX: live order book, 53 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 Gate live order book, 3 min ago | 4.13 bp | 13.8 bp −$14 | 34.6 bp −$346 | 63.2 bp −$6,320 | doesn't fit |
| Sell dYdX live order book, 53 min ago | 41.42 bp | 46.4 bp −$46 | 159.6 bp −$1,596 | 177.0 bp −$17.7K | 180.3 bp −$90.1K |
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 | 1.2069 | −0.172% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2060 | −0.248% | $207K | $1.8M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.2065 | −0.207% | $145K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2094 | +0.033% | $221K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2088 | −0.013% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0021% | 8h | 1.2080 | −0.083% | $9.5M | $24.2M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.579% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0070% | 8h | 1.2092 | +0.017% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2084 | −0.050% | $245K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2079 | −0.091% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2080 | −0.083% | $878K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2093 | +0.025% | $44.6M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2082 | −0.066% | $25.0M | $18.7M | 75x | as long as short |
| Gate DOT_USDTlong | +0.0100% | 8h | 1.2090 | long leg | $6.8M | $11.6M | 75x | |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2094 | +0.033% | $26.5M | $43.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2080 | −0.083% | $23.1M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2091 | +0.008% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2082 | −0.066% | $97K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2081 | −0.079% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2085 | −0.041% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2093 | +0.026% | $234K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | −0.083% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2093 | +0.025% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2077 | −0.108% | $251K | $222K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2088 | −0.015% | $15K | $312K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2091 | +0.008% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2074 | −0.132% | $2.2M | $796K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2085 | −0.045% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0526% | 8h | 1.2100 | +0.083% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
MEXC DOT_USDT
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT