Funding you earn now, next payment 08:00 UTC+0.0422%/8h= +46.2% APRnext payment +$4.22 per $10,000 · paid last 24h +0.103%
Price spread now: Phemex against Variational Omni+0.036%7-day average +0.209% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.599%+$60 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now +0.036%, 7d avg +0.209%
=Together, before fees+0.687%+ Points / potential airdropVariational Omni: Active · farm board+$69 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.172% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.209%). If the spread goes back, that is −$17 on $10k: about 33 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DOT | 1.1946 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $544K | $59K | — |
| Short | Phemex DOTUSDT | 1.1950 | 0.0522 | get 0.0522% / 8h | 6h 32m | $2.3M | $2.2M | 50x |
Variational Omni DOT
Phemex DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- $88.52
- Price spread: +0.036% → +0.209%
- −$17.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $59.3
- Costs to cover
- 0.120%
- Break-even
- 2.3 days
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Phemex: live order book, 6 min ago. 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 Variational Omni RFQ quote, 36 min ago | 3.21 bp | doesn't fit | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 8.42 bp | 32.8 bp −$33 | 45.0 bp −$450 | 113.6 bp −$11.4K | doesn't fit |
DOT on 28 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 | −0.1253% | 1h | 1.1959 | +0.112% | $218K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1944 | −0.016% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.1940 | −0.047% | $196K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L −0.0002% / S +0.0004% | 1h | 1.1949 | +0.026% | $14K | — | 150x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1988 | +0.355% | $144K | $6K | 10x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.622% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0037% | 8h | 1.1985 | +0.329% | $9.4M | $24.3M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0084% | 8h | 1.1991 | +0.380% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1990 | +0.374% | $270K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1979 | +0.279% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1960 | +0.124% | $865K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1983 | +0.312% | $44.0M | $84.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1989 | +0.363% | $24.7M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1960 | +0.120% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1992 | +0.388% | $34.4M | $45.9M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1984 | +0.321% | $22.8M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1964 | +0.154% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1948 | +0.020% | $95K | $128K | 10x | as long as short |
| Variational Omni DOTlong | +0.0100% | 8h | 1.1946 | long leg | $544K | $59K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1953 | +0.061% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1950 | +0.036% | $229K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | −0.047% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1964 | +0.154% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1987 | +0.346% | $249K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1957 | +0.094% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0196% | 1h | 1.1957 | +0.092% | $4.5M | $1.4M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1951 | +0.045% | $22K | — | 100x | as long as short |
| Phemex DOTUSDTshort | +0.0522% | 8h | 1.1950 | +0.036% | $2.3M | $2.2M | 50x |
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
GMX DOT/USD [WBTC.b-USDC]