Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: dYdX against edgeX−0.291%51s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as 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−$2552.553% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.291%, 7d avg +0.050%
=Together, before fees−0.055%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.340% cheaper against edgeX than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 51 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 | edgeX DOTUSDC | 1.1955 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $35K | $334K | 20x |
| Short | dYdX DOT-USD | 1.1920 | 0 | get 0.0000% / 1h | 11m 53s | $144K | $6K | 10x |
edgeX DOTUSDC
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against edgeX. 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: −0.291% → +0.050%
- −$34.04
- Slippage, 4 orders
- −$236.33
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$310.37
- Costs to cover
- 2.553%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; dYdX: live order book, 12 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 edgeX live order book, 11 min ago | 5.82 bp | 10.5 bp −$11 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 12 min ago | 100.25 bp | 105.3 bp −$105 | 105.3 bp −$1,053 | 114.3 bp −$11.4K | 133.7 bp −$66.9K |
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 | −0.1007% | 1h | 1.1919 | −0.299% | $218K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1904 | −0.423% | $258 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0128% | 1h | 1.1920 | −0.287% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.2020 | +0.546% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1960 | +0.044% | $186K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.1896 | −0.491% | $9.4M | $23.3M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1920 | −0.291% | $144K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1915 | −0.333% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0016% | 8h | 1.1904 | −0.424% | $6.7M | $8.7M | 75x | as long as short |
| Binance DOTUSDT | +0.0087% | 8h | 1.1899 | −0.470% | $43.9M | $81.0M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DOT-USD | +0.0088% | 1h | 1.1896 | −0.490% | $15K | $240K | 25x | as long as short |
| MEXC DOT_USDT | +0.0091% | 8h | 1.1899 | −0.466% | $34.7M | $35.7M | 300x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1910 | −0.370% | $250K | $609K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1907 | −0.399% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1925 | −0.246% | $886K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1893 | −0.516% | $24.3M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1900 | −0.458% | $6.8M | $11.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1900 | −0.458% | $22.7M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1897 | −0.483% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1906 | −0.408% | $98K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1958 | +0.027% | $545K | $91K | — | as long as short |
| edgeX DOTUSDClong | +0.0100% | 4h | 1.1955 | long leg | $35K | $334K | 20x | |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1970 | +0.129% | $232K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1910 | −0.374% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1928 | −0.224% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1913 | −0.349% | $246K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0212% | 8h | 1.1924 | −0.257% | $2.3M | $759K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1914 | −0.342% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0345% | 8h | 1.1930 | −0.207% | $2.2M | $2.1M | 50x | as long as short |
Extended DOT-USD
MEXC DOT_USDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT