Funding you earn now, next payment 08:00 UTC−0.0264%/8h= −28.9% APRnext payment −$2.64 per $10,000 · paid last 24h −0.087%
Price spread now: SunX against Phemex−0.033%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
Funding, last 7 days−0.662%−$66 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.033%, 7d avg −0.057%
=The price spread pays, funding is against you. SunX is 0.024% dearer against Phemex than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.057%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.2060 | 0.0364 | pay 0.0364% / 8h | 7h 28m | $2.3M | $2.1M | 50x |
| Short | SunX DOT-USDT | 1.2056 | 0.0100 | get 0.0100% / 8h | 7h 28m | $2K | $1.3M | 20x |
Phemex DOTUSDT
SunX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$55.52
- Price spread: −0.033% → −0.057%
- $2.36
- Slippage, 4 orders
- −$146.58
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$219.74
- Costs to cover
- 1.666%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; SunX: live order book, 6 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 Phemex live order book, 5 min ago | 8.31 bp | 24.9 bp −$25 | 60.5 bp −$605 | 125.0 bp −$12.5K | doesn't fit |
| Sell SunX live order book, 6 min ago | 29.90 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
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 | 1.2025 | −0.293% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2030 | −0.249% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2047 | −0.107% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2046 | −0.116% | $220K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2034 | −0.218% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0009% | 8h | 1.2036 | −0.199% | $9.5M | $24.1M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.332% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0065% | 8h | 1.2039 | −0.174% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2040 | −0.166% | $244K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2042 | −0.149% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2033 | −0.221% | $875K | $696K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2042 | −0.152% | $44.4M | $83.0M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2033 | −0.224% | $24.8M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2040 | −0.166% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2037 | −0.191% | $25.7M | $42.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2035 | −0.207% | $23.0M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2037 | −0.191% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2040 | −0.166% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2029 | −0.260% | $548K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2029 | −0.255% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2030 | −0.247% | $233K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2030 | −0.249% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDTshort | +0.0100% | 8h | 1.2056 | −0.033% | $2K | $1.3M | 20x | |
| HTX DOT-USDT | +0.0100% | 8h | 1.2025 | −0.290% | $248K | $213K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2032 | −0.231% | $15K | $333K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2047 | −0.110% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2030 | −0.249% | $2.2M | $796K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2034 | −0.216% | $22K | — | 100x | as long as short |
| Phemex DOTUSDTlong | +0.0364% | 8h | 1.2060 | long leg | $2.3M | $2.1M | 50x |
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
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]