Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against Gate+1.435%69s7-day average +0.601% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−1.302%−$130 · spread now +1.435%, 7d avg +0.601%
=The price spread pays, funding is against you. Injective is 0.834% dearer against Gate than usual: you sell high and buy low (spread +1.435% now, against its 7-day average of +0.601%): +$83 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 days. At the pace of the last 7 days (−0.023% in total) that is about 8 months. The two prices were read 69 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 | 1.1850 | 0.0100 | pay 0.0100% / 8h | 4h 32m | $6.6M | $11.8M | 75x |
| Short | Injective DOT/USDC PERP | 1.2020 | 0.0033 | get 0.0004% / 1h | 32m 10s | $328 | $121K | 12x |
Gate DOT_USDT
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.435% → +0.601%
- $83.4
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $54.38
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 1 min ago; 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 Gate live order book, 1 min ago | 4.22 bp | 11.7 bp −$12 | 30.3 bp −$303 | 69.5 bp −$6,955 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 | −0.2274% | 1h | 1.1856 | +0.051% | $228K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1860 | +0.084% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1841 | −0.076% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1844 | −0.051% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1850 | 0.000% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERPshort | +0.0033% | 1h | 1.2020 | +1.435% | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | +0.0093% | 8h | 1.1848 | −0.017% | $9.4M | $24.3M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1854 | +0.034% | $268K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1851 | +0.008% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1846 | −0.035% | $855K | $581K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Lighter DOT
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 | 1.1853 | +0.021% | $43.6M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1849 | −0.008% | $24.3M | $19.0M | 75x | as long as short |
| Gate DOT_USDTlong | +0.0100% | 8h | 1.1850 | long leg | $6.6M | $11.8M | 75x | |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1852 | +0.017% | $26.8M | $52.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1851 | +0.008% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1844 | −0.051% | $22.6M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1850 | 0.000% | — | $29.7M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1850 | 0.000% | $92K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1783 | −0.562% | $536K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | −0.358% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1810 | −0.339% | $235K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | −0.084% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1864 | +0.118% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | −0.321% | $257K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1843 | −0.056% | $17K | $304K | 25x | as long as short |
| Phemex DOTUSDT | +0.0151% | 8h | 1.1860 | +0.084% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1853 | +0.027% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1829 | −0.177% | $2.2M | $885K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1849 | −0.008% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
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
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]