Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against BingX−0.082%81s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as 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−$2112.112% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.082%, 7d avg +0.002%
=Funding pays, the price is against you. BloFin is 0.084% cheaper against BingX than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.002%). If the spread goes back, that is −$8 on $10k: about 2.3 days of funding at the current rate (+$4 a day). The two prices were read 81 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 | BingX DOT-USDC | 1.2138 | 0.0100 | pay 0.0100% / 8h | 7h 09m | — | $1.3M | — |
| Short | BloFin DOT-USDT | 1.2128 | 0.0220 | get 0.0220% / 8h | 7h 09m | $2.2M | $798K | 75x |
BingX DOT-USDC
BloFin DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: −0.082% → +0.002%
- −$8.44
- Slippage, 4 orders
- −$189.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$194.39
- Costs to cover
- 2.112%
- Break-even
- 61.0 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 3 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 BingX live order book, 6 min ago | 2.89 bp | 100.2 bp −$100 | 486.3 bp −$4,863 | 876.9 bp −$87.7K | 1086.7 bp −$543.3K |
| Sell BloFin live order book, 3 min ago | 1.65 bp | 13.0 bp −$13 | 20.8 bp −$208 | 50.8 bp −$5,076 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0984% | 1h | 1.2140 | +0.016% | $222K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2135 | −0.023% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2150 | +0.099% | $209K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2136 | −0.016% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2142 | +0.033% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0025% | 8h | 1.2141 | +0.025% | $9.5M | $24.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.972% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0072% | 8h | 1.2131 | −0.058% | $6.6M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2142 | +0.031% | $246K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2145 | +0.058% | $5.5M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
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 | 1.2144 | +0.051% | $884K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2135 | −0.027% | $44.7M | $83.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2135 | −0.025% | $25.1M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2140 | +0.016% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2139 | +0.008% | $28.1M | $43.6M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2132 | −0.049% | $23.2M | $14.4M | 75x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.2138 | long leg | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2127 | −0.091% | $97K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2121 | −0.144% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2125 | −0.106% | $36K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2138 | −0.001% | $235K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2130 | −0.066% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2177 | +0.321% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2146 | +0.066% | $252K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2130 | −0.063% | $15K | $295K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0115% | 1h | 1.2135 | −0.022% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDTshort | +0.0220% | 8h | 1.2128 | −0.082% | $2.2M | $798K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2142 | +0.030% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0458% | 8h | 1.2150 | +0.099% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC 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
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT