Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h −0.020%
Price spread now: OKX against Injective−0.790%68s7-day average −0.611% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.663%+$66 · spread now −0.790%, 7d avg −0.611%
=Funding pays, the price is against you. OKX is 0.179% cheaper against Injective than usual: you would sell low and buy high (spread −0.790% now, against its 7-day average of −0.611%). If the spread goes back, that is −$18 on $10k: about 9.7 days of funding at the current rate (+$2 a day). The two prices were read 68 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 | 30m 11s | $328 | $121K | 12x |
| Short | OKX DOT-USDT-SWAP | 1.1925 | 0.0095 | get 0.0095% / 8h | 4h 30m | $9.5M | $24.5M | 50x |
Injective DOT/USDC PERP
OKX DOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $12.92
- Price spread: −0.790% → −0.611%
- −$17.9
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$15
- Costs to cover
- 0.100%
- Break-even
- 15.1 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.42 bp | 14.0 bp −$14 | 26.5 bp −$265 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1890 | −1.082% | $196K | $1.9M | 50x | as long as short |
| Deribit DOT_USDC-PERPETUAL | −0.0506% | 1h | 1.1903 | −0.973% | $228K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1894 | −1.048% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1898 | −1.016% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1907 | −0.941% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERPlong | +0.0033% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAPshort | +0.0095% | 8h | 1.1925 | −0.790% | $9.5M | $24.5M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1920 | −0.835% | $270K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1929 | −0.757% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1898 | −1.013% | $859K | $580K | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
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 | 1.1917 | −0.856% | $43.8M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1922 | −0.815% | $24.4M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | −0.832% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1919 | −0.840% | $27.2M | $52.2M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1918 | −0.849% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1921 | −0.824% | $22.8M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1927 | −0.774% | — | $29.7M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1926 | −0.782% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1868 | −1.261% | $540K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | −1.767% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1810 | −1.749% | $235K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1900 | −0.998% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1930 | −0.749% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | −1.730% | $257K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1906 | −0.946% | $17K | $304K | 25x | as long as short |
| Phemex DOTUSDT | +0.0139% | 8h | 1.1930 | −0.749% | $2.4M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0213% | 1h | 1.1919 | −0.839% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1871 | −1.240% | $2.2M | $888K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1908 | −0.931% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
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]