Funding you earn now, next payment 08:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.166%
Price spread now: Reya against Phemex−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Reya is 0.059% cheaper against Phemex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.1630 | 0.0198 | pay 0.0198% / 8h | 11m 45s | $2.4M | $2.2M | 50x |
| Short | Reya DOTRUSDPERP | 1.1623 | −0.0166 | pay 0.0021% / 1h | 11m 45s | $252 | — | — |
Phemex DOTUSDT
Reya DOTRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$76.45
- Price spread: −0.059% → 0.000%
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$100.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Reya: 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 Phemex live order book, 2 min ago | 4.30 bp | 28.1 bp −$28 | 70.4 bp −$704 | 134.7 bp −$13.5K | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.3348% | 1h | 1.1630 | 0.000% | $251K | $158K | 50x | as long as short |
| Reya DOTRUSDPERPshort | −0.0166% | 1h | 1.1623 | −0.059% | $252 | — | — | |
| Coinbase International DOT-PERP-INTX | −0.0104% | 1h | 1.1630 | 0.000% | $169K | $2.0M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1627 | −0.021% | $3K | — | 150x | as long as short |
| dYdX DOT-USD | +0.0001% | 1h | 1.1620 | −0.082% | $140K | $6K | 10x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.353% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1617 | −0.115% | $244K | $674K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1616 | −0.120% | $5.5M | $4.7M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1619 | −0.098% | $838K | $608K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1613 | −0.143% | $42.3M | $89.4M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
Injective DOT/USDC PERP
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 | 1.1610 | −0.172% | $23.5M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1615 | −0.129% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1620 | −0.086% | $6.5M | $13.1M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1617 | −0.112% | $28.0M | $63.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1618 | −0.103% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1610 | −0.172% | $22.3M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1615 | −0.129% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1622 | −0.069% | $85K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1597 | −0.286% | $528K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1606 | −0.207% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1601 | −0.250% | $228K | $437K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1630 | 0.000% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1644 | +0.120% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1613 | −0.146% | $262K | $283K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1613 | −0.146% | $15K | $275K | 25x | as long as short |
| Phemex DOTUSDTlong | +0.0198% | 8h | 1.1630 | long leg | $2.4M | $2.2M | 50x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1627 | −0.026% | $1.9M | $907K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1630 | +0.001% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0339% | 1h | 1.1628 | −0.017% | $4.3M | $1.5M | 50x | 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
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD