Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%
Price spread now: SunX against Phemex+0.043%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days−0.672%−$67 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.043%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.093% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.1690 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $2.4M | $2.2M | 50x |
| Short | SunX DOT-USDT | 1.1695 | 0.0100 | get 0.0100% / 8h | 7h 39m | $2K | $1.4M | 20x |
Phemex DOTUSDT
SunX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: +0.043% → −0.050%
- $9.27
- Slippage, 4 orders
- −$134.63
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$145.37
- Costs to cover
- 1.546%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 5 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 | 4.28 bp | 22.0 bp −$22 | 63.4 bp −$634 | 124.1 bp −$12.4K | doesn't fit |
| Sell SunX live order book, 5 min ago | 29.47 bp | 74.2 bp −$74 | doesn't fit | 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 | −0.2482% | 1h | 1.1680 | −0.086% | $254K | $169K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1666 | −0.204% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1673 | −0.145% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1674 | −0.134% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.823% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1680 | −0.086% | $170K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1673 | −0.145% | $245K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1672 | −0.154% | $5.5M | $4.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1680 | −0.086% | $841K | $621K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1674 | −0.138% | $42.5M | $89.0M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1669 | −0.180% | $23.7M | $20.4M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1671 | −0.163% | $9.0M | $25.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1670 | −0.171% | $6.6M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1673 | −0.145% | $31.1M | $64.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1675 | −0.128% | $6.2M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1670 | −0.171% | $22.4M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1670 | −0.171% | — | $9.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1675 | −0.128% | $86K | $133K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1660 | −0.260% | $531K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1666 | −0.205% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1688 | −0.019% | $229K | $429K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | −0.171% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDTshort | +0.0100% | 8h | 1.1695 | +0.043% | $2K | $1.4M | 20x | |
| HTX DOT-USDT | +0.0100% | 8h | 1.1669 | −0.180% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDTlong | +0.0100% | 8h | 1.1690 | long leg | $2.4M | $2.2M | 50x | |
| Extended DOT-USD | +0.0104% | 1h | 1.1665 | −0.210% | $16K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1677 | −0.111% | $1.9M | $899K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0244% | 1h | 1.1678 | −0.102% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1673 | −0.144% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
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
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]