DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0258%/8h= −28.2% APRnext payment −$0.32 per $10,000 · paid last 24h −0.083%

Price spread now: Injective against GMX+2.705%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 2.705% dearer against GMX than usual: you sell high and buy low (spread +2.705% now, against zero (this spread has no 7-day history yet)): +$271 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 35 days. The two prices were read 57 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	GMX DOT/USD [WBTC.b-USDC]	1.1703	L +0.0291% / S −0.0937%	pay 0.0036% / 1h	47m 47s	$20K	—	100x
Short	Injective DOT/USDC PERP	1.2020	0.0033	get 0.0004% / 1h	47m 47s	$328	$121K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee InjectivebpOrdersPrice spread, now +2.705%Rate

Funding earned: −$54.1
Price spread: +2.705% → 0.000%: $270.54
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $204.41
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and Injective: 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	−0.2475%	1h	1.1710	+0.057%	$251K	$164K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1696	−0.066%	$253	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1696	−0.063%	$141K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1703	0.000%	$3K	—	150x	as long as short
Injective DOT/USDC PERPshort	+0.0033%	1h	1.2020	+2.705%	$328	$121K	12x
Coinbase International DOT-PERP-INTX	+0.0072%	1h	1.1710	+0.057%	$171K	$2.0M	50x	as long as short
Lighter DOT	+0.0096%	1h	1.1697	−0.053%	$245K	$671K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1701	−0.020%	$5.5M	$4.6M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1691	−0.102%	$844K	$621K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1699	−0.037%	$42.6M	$89.2M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOTUSDT	+0.0100%	8h	1.1696	−0.063%	$23.8M	$20.5M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1697	−0.055%	$9.1M	$25.6M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1700	−0.029%	$6.6M	$11.8M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1701	−0.020%	$30.5M	$64.6M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1698	−0.046%	$6.2M	$9.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1700	−0.029%	$22.5M	$14.5M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1700	−0.029%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1705	+0.014%	$86K	$133K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1678	−0.221%	$531K	$50K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1656	−0.402%	$34K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1647	−0.478%	$229K	$429K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1700	−0.029%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1721	+0.151%	$2K	$1.4M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1696	−0.063%	$264K	$283K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1695	−0.071%	$16K	$273K	25x	as long as short
Phemex DOTUSDT	+0.0109%	8h	1.1710	+0.057%	$2.4M	$2.2M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1680	−0.200%	$1.9M	$899K	75x	as long as short
Kraken Futures PF_DOTUSD	+0.0244%	1h	1.1706	+0.019%	$4.4M	$1.5M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]long	L +0.0291% / S −0.0937%	1h	1.1703	long leg	$20K	—	100x