Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.008%
Price spread now: MEXC against Injective+0.291%85s7-day average −0.586% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.489%−$49 · spread now +0.291%, 7d avg −0.586%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.877% dearer against Injective than usual: you sell high and buy low: +$88 more if the spread goes back to its 7-day average of −0.586%. The two prices were read 85 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 | Injective DOT/USDC PERP | 1.2020 | 0.0033 | pay 0.0004% / 1h | 7m 51s | $328 | $121K | 12x |
| Short | MEXC DOT_USDT | 1.2055 | 0.0100 | get 0.0100% / 8h | 6h 07m | $26.4M | $47.6M | 300x |
Injective DOT/USDC PERP
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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: +0.291% → −0.586%
- $87.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $101.72
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.83 bp | 2.3 bp −$2 | 7.2 bp −$72 | 46.7 bp −$4,669 | 80.9 bp −$40.4K |
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 | −0.1322% | 1h | 1.2065 | +0.374% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2046 | +0.216% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2060 | +0.333% | $198K | $2.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2036 | +0.130% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2058 | +0.317% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERPlong | +0.0033% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | +0.0065% | 8h | 1.2054 | +0.283% | $9.4M | $24.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2063 | +0.360% | $272K | $630K | 10x | as long as short |
| KuCoin DOTUSDTM | +0.0096% | 8h | 1.2055 | +0.291% | $6.5M | $9.2M | 75x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2059 | +0.324% | $5.5M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Lighter DOT
KuCoin DOTUSDTM
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2060 | +0.333% | $872K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2059 | +0.324% | $44.6M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2053 | +0.275% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2050 | +0.250% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.2055 | +0.291% | $26.4M | $47.6M | 300x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2050 | +0.250% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2051 | +0.258% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2063 | +0.358% | $96K | $126K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2060 | +0.336% | $549K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2062 | +0.350% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2062 | +0.352% | $231K | $421K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2050 | +0.250% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2053 | +0.275% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2071 | +0.424% | $251K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2049 | +0.243% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2062 | +0.351% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2055 | +0.292% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0390% | 8h | 1.2080 | +0.499% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate 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