Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.007%
Price spread now: Binance against dYdX−0.069%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2052.053% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.069%, 7d avg −0.025%
=Funding pays, the price is against you. Binance is 0.044% cheaper against dYdX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.025%). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.062% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.2168 | 0 | get 0.0000% / 1h | 50m 08s | $147K | $6K | 10x |
| Short | Binance DOTUSDT | 1.2160 | 0.0100 | get 0.0100% / 8h | 50m 08s | $44.9M | $82.2M | 75x |
dYdX DOT-USD
Binance DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- $21
- Price spread: −0.069% → −0.025%
- −$4.4
- Slippage, 4 orders
- −$185.25
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$188.66
- Costs to cover
- 2.053%
- Break-even
- 69.9 days
Slippage from dYdX: live order book, 29 min ago; Binance: live order book, 7 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 dYdX live order book, 29 min ago | 82.44 bp | 102.8 bp −$103 | 118.7 bp −$1,187 | 120.2 bp −$12.0K | 223.6 bp −$111.8K |
| Sell Binance live order book, 7 min ago | 0.41 bp | 6.7 bp −$7 | 14.4 bp −$144 | 58.2 bp −$5,823 | 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 | −0.0489% | 1h | 1.2172 | +0.029% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2156 | −0.099% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2160 | −0.069% | $209K | $1.8M | 50x | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.2168 | long leg | $147K | $6K | 10x | |
| OKX DOT-USDT-SWAP | 0.0000% | 8h | 1.2157 | −0.094% | $9.6M | $24.2M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2164 | −0.036% | $5K | — | 150x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0031% | 1h | 1.2171 | +0.023% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −1.220% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0046% | 8h | 1.2161 | −0.061% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2163 | −0.049% | $248K | $602K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
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 | 1.2166 | −0.020% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2168 | −0.006% | $886K | $689K | 50x | as long as short |
| Binance DOTUSDTshort | +0.0100% | 8h | 1.2160 | −0.069% | $44.9M | $82.2M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2155 | −0.110% | $25.0M | $18.5M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2160 | −0.069% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2160 | −0.069% | $30.9M | $39.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2155 | −0.110% | $23.4M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2160 | −0.069% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2162 | −0.053% | $97K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2157 | −0.094% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2110 | −0.476% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2114 | −0.448% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2170 | +0.013% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2179 | +0.087% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2148 | −0.168% | $251K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2154 | −0.119% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2164 | −0.036% | $2.3M | $793K | 75x | as long as short |
| Phemex DOTUSDT | +0.0295% | 8h | 1.2180 | +0.095% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2161 | −0.058% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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]