Funding you earn now, next payment 00:00 UTC−0.0206%/8h= −22.5% APRpaid last 24h −0.116%
Price spread now: edgeX against Phemex−0.084%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days−0.658%−$66 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now −0.084%, 7d avg −0.213%
=Together, before fees−0.718%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.130% dearer against Phemex than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.213%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.2130 | 0.0306 | pay 0.0306% / 8h | 28m 52s | $2.3M | $2.1M | 50x |
| Short | edgeX DOTUSDC | 1.2120 | 0.0100 | get 0.0050% / 4h | 28m 52s | $35K | $334K | 20x |
Phemex DOTUSDT
edgeX DOTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$43.22
- Price spread: −0.084% → −0.213%
- $12.95
- Slippage, 4 orders
- −$41.37
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$92.63
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 49 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 Phemex live order book, 5 min ago | 4.11 bp | 15.3 bp −$15 | 44.1 bp −$441 | 112.2 bp −$11.2K | doesn't fit |
| Sell edgeX live order book, 49 min ago | 5.80 bp | 10.3 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
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 | −0.0901% | 1h | 1.2146 | +0.132% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2128 | −0.016% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2140 | +0.082% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2143 | +0.107% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2139 | +0.073% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0015% | 8h | 1.2137 | +0.058% | $9.6M | $24.3M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2147 | +0.142% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.907% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0054% | 8h | 1.2143 | +0.107% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2141 | +0.087% | $248K | $605K | 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
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2142 | +0.099% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2141 | +0.088% | $884K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2141 | +0.087% | $44.9M | $82.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2138 | +0.066% | $25.0M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2140 | +0.082% | $6.9M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2141 | +0.091% | $32.3M | $40.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2136 | +0.049% | $23.2M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2138 | +0.066% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2135 | +0.041% | $97K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2089 | −0.341% | $551K | $61K | — | as long as short |
| edgeX DOTUSDCshort | +0.0100% | 4h | 1.2120 | −0.084% | $35K | $334K | 20x | |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2100 | −0.248% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2130 | 0.000% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2155 | +0.206% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2119 | −0.091% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2136 | +0.052% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2134 | +0.033% | $2.3M | $790K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2140 | +0.084% | $23K | — | 100x | as long as short |
| Phemex DOTUSDTlong | +0.0306% | 8h | 1.2130 | long leg | $2.3M | $2.1M | 50x |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]