Funding you earn now, next payment 00:00 UTC−0.0112%/8h= −12.2% APRnext payment −$1.12 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against BloFin−0.193%96s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.395% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.193%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.187% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1924 | 0.0212 | pay 0.0212% / 8h | 2h 11m | $2.3M | $759K | 75x |
| Short | BingX DOT-USDT | 1.1901 | 0.0100 | get 0.0100% / 8h | 2h 11m | — | $28.5M | — |
BloFin DOT-USDT
BingX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$23.45
- Price spread: −0.193% → −0.006%
- −$18.67
- Slippage, 4 orders
- −$17.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.62
- Costs to cover
- 0.395%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; BingX: live order book, 12 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 BloFin live order book, 6 min ago | 1.25 bp | 12.2 bp −$12 | 20.3 bp −$203 | 57.3 bp −$5,728 | doesn't fit |
| Sell BingX live order book, 12 min ago | 0.41 bp | 11.0 bp −$11 | 17.0 bp −$170 | 46.3 bp −$4,633 | 204.3 bp −$102.2K |
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 | −0.1007% | 1h | 1.1919 | −0.042% | $218K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1904 | −0.167% | $258 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0128% | 1h | 1.1920 | −0.030% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.2020 | +0.805% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1960 | +0.302% | $186K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.1901 | −0.193% | $9.4M | $23.3M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1909 | −0.127% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1915 | −0.076% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0016% | 8h | 1.1904 | −0.168% | $6.7M | $8.7M | 75x | as long as short |
| Binance DOTUSDT | +0.0081% | 8h | 1.1903 | −0.176% | $43.9M | $80.9M | 75x | 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
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0087% | 8h | 1.1900 | −0.201% | $34.7M | $35.7M | 300x | as long as short |
| Extended DOT-USD | +0.0088% | 1h | 1.1903 | −0.174% | $15K | $240K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1903 | −0.180% | $250K | $609K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1907 | −0.143% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1924 | +0.001% | $886K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1899 | −0.210% | $24.3M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1910 | −0.117% | $6.8M | $11.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1900 | −0.201% | $22.7M | $14.0M | 75x | as long as short |
| BingX DOT-USDTshort | +0.0100% | 8h | 1.1901 | −0.193% | — | $28.5M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1906 | −0.151% | $98K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1958 | +0.285% | $545K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1955 | +0.258% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1970 | +0.387% | $232K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1910 | −0.117% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1928 | +0.034% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1913 | −0.092% | $246K | $219K | 75x | as long as short |
| BloFin DOT-USDTlong | +0.0212% | 8h | 1.1924 | long leg | $2.3M | $759K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1914 | −0.085% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0345% | 8h | 1.1930 | +0.050% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Extended DOT-USD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT