Funding you earn now, next payment 23:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.021%
Price spread now: Injective against OKX−0.406%7-day average +0.638% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)+0.366%+$37 · spread now −0.406%, 7d avg +0.638%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 1.044% cheaper against OKX than usual: you would sell low and buy high (−$104 if the spread goes back to its 7-day average of +0.638%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.2069 | −0.0018 | get 0.0018% / 8h | 1h 20m | $9.6M | $23.8M | 50x |
| Short | Injective DOT/USDC PERP | 1.2020 | −0.0040 | pay 0.0005% / 1h | 20m 58s | $328 | $121K | 12x |
OKX DOT-USDT-SWAP
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- −$4.67
- Price spread: −0.406% → +0.638%
- −$104.43
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$119.12
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; 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 OKX live order book, 3 min ago | 0.41 bp | 11.2 bp −$11 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2066 | −0.021% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2090 | +0.174% | $185K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2089 | +0.166% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERPshort | −0.0040% | 1h | 1.2020 | −0.406% | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAPlong | −0.0018% | 8h | 1.2069 | long leg | $9.6M | $23.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2090 | +0.178% | $146K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2086 | +0.141% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2080 | +0.089% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0030% | 8h | 1.2073 | +0.033% | $6.8M | $8.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2080 | +0.092% | $246K | $602K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2079 | +0.083% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2083 | +0.114% | $899K | $674K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2073 | +0.033% | $44.4M | $81.4M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2067 | −0.017% | $24.8M | $18.2M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2080 | +0.091% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2072 | +0.025% | $28.4M | $37.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2070 | +0.008% | $23.2M | $14.3M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2070 | +0.008% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2075 | +0.050% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2036 | −0.273% | $548K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2051 | −0.149% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2050 | −0.158% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | +0.091% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2093 | +0.199% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2077 | +0.066% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2065 | −0.034% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2082 | +0.108% | $2.2M | $771K | 75x | as long as short |
| Phemex DOTUSDT | +0.0299% | 8h | 1.2100 | +0.257% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1025% | 1h | 1.2081 | +0.097% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]