Funding you earn now, next payment 01:00 UTC−0.0483%/8h= −52.9% APRpaid last 24h −0.118%
Price spread now: gTrade (Gains Network) against Phemex−0.197%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.197% cheaper against Phemex than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.2170 | 0.0479 | pay 0.0479% / 8h | 7h 13m | $2.3M | $2.1M | 50x |
| Short | gTrade (Gains Network) DOT/USD | 1.2146 | L 0.0000% / S +0.0004% | pay 0.0001% / 1h | 13m 06s | $5K | — | 150x |
Phemex DOTUSDT
gTrade (Gains Network) DOT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$101.41
- Price spread: −0.197% → 0.000%
- −$19.72
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$143.14
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; gTrade (Gains Network): 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 Phemex live order book, 5 min ago | 8.26 bp | 18.5 bp −$18 | 51.3 bp −$513 | 106.1 bp −$10.6K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0654% | 1h | 1.2157 | −0.107% | $222K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2137 | −0.270% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2150 | −0.164% | $209K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2143 | −0.221% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USDshort | L 0.0000% / S +0.0004% | 1h | 1.2146 | −0.197% | $5K | — | 150x | |
| OKX DOT-USDT-SWAP | +0.0026% | 8h | 1.2144 | −0.214% | $9.5M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −1.233% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0069% | 8h | 1.2146 | −0.197% | $6.6M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2146 | −0.196% | $246K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2149 | −0.173% | $5.5M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2150 | −0.164% | $884K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2149 | −0.174% | $44.8M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2146 | −0.197% | $25.1M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2140 | −0.247% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2150 | −0.164% | $27.7M | $43.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2140 | −0.247% | $23.2M | $14.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2147 | −0.189% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2149 | −0.173% | $97K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2086 | −0.693% | $550K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2125 | −0.369% | $36K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2130 | −0.329% | $235K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2140 | −0.247% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2159 | −0.090% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2146 | −0.197% | $252K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2141 | −0.235% | $15K | $295K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0115% | 1h | 1.2156 | −0.114% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2134 | −0.296% | $2.2M | $798K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2143 | −0.218% | $23K | — | 100x | as long as short |
| Phemex DOTUSDTlong | +0.0479% | 8h | 1.2170 | long leg | $2.3M | $2.1M | 50x |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]