Funding you earn now, next payment 01:00 UTC+0.0792%/8h= +86.7% APRpaid last 24h +0.287%
Price spread now: GMX against BloFin−0.082%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. GMX is 0.082% cheaper against BloFin than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$24 a day). The two prices were read 111 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 | BloFin DOT-USDT | 1.1984 | 0.0220 | pay 0.0220% / 8h | 7h 35m | $2.2M | $787K | 75x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1974 | L +0.0302% / S −0.1012% | get 0.0126% / 1h | 35m 18s | $22K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- $166.22
- Price spread: −0.082% → 0.000%
- −$8.18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $134.05
- Costs to cover
- 0.240%
- Break-even
- 1.4 days
Slippage unknown: BloFin: live order book, 3 min ago; GMX: 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 BloFin live order book, 3 min ago | 0.42 bp | 11.4 bp −$11 | 18.7 bp −$187 | 42.7 bp −$4,272 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 1.1962 | −0.184% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1970 | −0.117% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1975 | −0.074% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1982 | −0.017% | $219K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1975 | −0.075% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0010% | 8h | 1.1969 | −0.125% | $9.4M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.300% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0055% | 8h | 1.1970 | −0.117% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1971 | −0.108% | $243K | $601K | 10x | as long as short |
| Variational Omni DOT | +0.0097% | 8h | 1.1962 | −0.187% | $544K | $61K | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1969 | −0.125% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1980 | −0.033% | $872K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1972 | −0.100% | $44.1M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1966 | −0.150% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.117% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1974 | −0.083% | $36.2M | $42.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1965 | −0.159% | $22.9M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1967 | −0.142% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1968 | −0.134% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1979 | −0.041% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1979 | −0.041% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | −0.117% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1985 | +0.008% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1968 | −0.134% | $247K | $214K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1965 | −0.158% | $15K | $314K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1981 | −0.029% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1984 | long leg | $2.2M | $787K | 75x | |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0302% / S −0.1012% | 1h | 1.1974 | −0.082% | $22K | — | 100x | |
| Phemex DOTUSDT | +0.0571% | 8h | 1.1990 | +0.050% | $2.3M | $2.1M | 50x | as long as short |
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Variational Omni DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
Phemex DOTUSDT