Funding you earn now, next payment 01:00 UTC−0.0758%/8h= −83.1% APRpaid last 24h −0.166%
Price spread now: Reya against Phemex−0.151%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
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Reya is 0.151% cheaper against Phemex than usual: you would sell low and buy high (−$15 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 | 1.2000 | 0.0592 | pay 0.0592% / 8h | 7h 38m | $2.3M | $2.1M | 50x |
| Short | Reya DOTRUSDPERP | 1.1982 | −0.0166 | pay 0.0021% / 1h | 38m 48s | $259 | — | — |
Phemex DOTUSDT
Reya DOTRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$159.28
- Price spread: −0.151% → 0.000%
- −$15.06
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$192.35
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Reya: 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 | 4.16 bp | 26.6 bp −$27 | 57.1 bp −$571 | 118.8 bp −$11.9K | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERPshort | −0.0166% | 1h | 1.1982 | −0.151% | $259 | — | — | |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2000 | 0.000% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1982 | −0.150% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1986 | −0.117% | $219K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1980 | −0.169% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0011% | 8h | 1.1968 | −0.267% | $9.4M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.167% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0053% | 8h | 1.1970 | −0.250% | $6.6M | $9.0M | 75x | as long as short |
| Variational Omni DOT | +0.0095% | 8h | 1.1970 | −0.253% | $546K | $61K | — | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1972 | −0.233% | $243K | $601K | 10x | as long as short |
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Variational Omni DOT
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1969 | −0.258% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1980 | −0.167% | $872K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1979 | −0.175% | $44.1M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1978 | −0.183% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.250% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1984 | −0.133% | $36.1M | $42.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1970 | −0.250% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1974 | −0.217% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1976 | −0.200% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1977 | −0.189% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1975 | −0.206% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | −0.167% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2002 | +0.017% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1975 | −0.208% | $247K | $214K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1976 | −0.198% | $14K | $298K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1983 | −0.139% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1977 | −0.192% | $2.2M | $787K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1983 | −0.145% | $22K | — | 100x | as long as short |
| Phemex DOTUSDTlong | +0.0592% | 8h | 1.2000 | 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
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]