Funding you earn now, next payment 22:00 UTC−0.0286%/8h= −31.3% APRpaid last 24h −0.136%
Price spread now: Extended against Phemex−0.140%7-day average −0.236% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.780%−$78 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.140%, 7d avg −0.236%
=Together, before fees−0.751%+ Points / potential airdropExtended: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.096% dearer against Phemex than usual: you sell high and buy low (spread −0.140% now, against its 7-day average of −0.236%): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.1870 | 0.0382 | pay 0.0382% / 8h | 2h 39m | $2.2M | $2.1M | 50x |
| Short | Extended DOT-USD | 1.1853 | 0.0096 | get 0.0012% / 1h | 39m 11s | $15K | $240K | 25x |
Phemex DOTUSDT
Extended DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$60.04
- Price spread: −0.140% → −0.236%
- $9.55
- Slippage, 4 orders
- −$28.85
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$96.34
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Extended: live order book, 48 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, 4 min ago | 4.21 bp | 10.4 bp −$10 | 48.6 bp −$486 | 134.9 bp −$13.5K | doesn't fit |
| Sell Extended live order book, 48 min ago | 1.26 bp | 8.1 bp −$8 | 39.5 bp −$395 | 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 | −0.1012% | 1h | 1.1867 | −0.025% | $217K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1853 | −0.140% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1861 | −0.075% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.421% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1880 | +0.084% | $190K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0038% | 8h | 1.1852 | −0.152% | $9.3M | $22.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1881 | +0.095% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1866 | −0.030% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0034% | 8h | 1.1856 | −0.118% | $6.7M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0092% | 8h | 1.1855 | −0.126% | $32.3M | $34.2M | 300x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack DOT_USDC_PERP | +0.0093% | 1h | 1.1855 | −0.126% | $95K | $121K | 10x | as long as short |
| Binance DOTUSDT | +0.0096% | 8h | 1.1852 | −0.152% | $43.8M | $79.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1857 | −0.114% | $259K | $563K | 10x | as long as short |
| Extended DOT-USDshort | +0.0096% | 1h | 1.1853 | −0.140% | $15K | $240K | 25x | |
| Hyperliquid DOT | +0.0100% | 1h | 1.1864 | −0.051% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1865 | −0.045% | $889K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1853 | −0.143% | $24.3M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1860 | −0.084% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1860 | −0.084% | $22.8M | $13.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1857 | −0.110% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1856 | −0.122% | $539K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1855 | −0.126% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1857 | −0.109% | $230K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | −0.084% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1870 | 0.000% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1875 | +0.042% | $246K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0216% | 8h | 1.1852 | −0.152% | $2.2M | $755K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1014% | 1h | 1.1865 | −0.044% | $22K | — | 100x | as long as short |
| Phemex DOTUSDTlong | +0.0382% | 8h | 1.1870 | long leg | $2.2M | $2.1M | 50x |
Backpack DOT_USDC_PERP
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]