Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Bitget against Injective+0.183%91s7-day average −0.606% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.315%−$31 · spread now +0.183%, 7d avg −0.606%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.789% dearer against Injective than usual: you sell high and buy low: +$79 more if the spread goes back to its 7-day average of −0.606%. The two prices were read 91 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 | Injective DOT/USDC PERP | 1.2020 | 0.0033 | pay 0.0004% / 1h | 3m 54s | $328 | $121K | 12x |
| Short | Bitget DOTUSDT | 1.2042 | 0.0100 | get 0.0100% / 8h | 3m 54s | $23.1M | $14.8M | 75x |
Injective DOT/USDC PERP
Bitget DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- $14
- Price spread: +0.183% → −0.606%
- $78.9
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $80.88
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 4.16 bp | 10.2 bp −$10 | 21.5 bp −$215 | 62.0 bp −$6,196 | doesn't fit |
Injective: 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 | 1.2047 | +0.223% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2060 | +0.333% | $207K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2057 | +0.308% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2063 | +0.358% | $220K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2059 | +0.324% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0012% | 8h | 1.2043 | +0.191% | $9.5M | $24.0M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2060 | +0.329% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERPlong | +0.0033% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| KuCoin DOTUSDTM | +0.0053% | 8h | 1.2045 | +0.208% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2050 | +0.251% | $246K | $605K | 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
Kraken Futures PF_DOTUSD
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DOT | +0.0097% | 8h | 1.1998 | −0.184% | $546K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2050 | +0.250% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2057 | +0.310% | $878K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2044 | +0.204% | $44.4M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2042 | +0.183% | $24.8M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2050 | +0.250% | $6.8M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2043 | +0.191% | $33.8M | $41.1M | 300x | as long as short |
| Bitget DOTUSDTshort | +0.0100% | 8h | 1.2042 | +0.183% | $23.1M | $14.8M | 75x | |
| BingX DOT-USDC | +0.0100% | 8h | 1.2042 | +0.183% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2050 | +0.250% | $96K | $131K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2019 | −0.006% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2044 | +0.202% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2050 | +0.250% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2070 | +0.416% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2008 | −0.100% | $248K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2035 | +0.127% | $15K | $236K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2038 | +0.150% | $2.3M | $784K | 75x | as long as short |
| Phemex DOTUSDT | +0.0282% | 8h | 1.2070 | +0.416% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2060 | +0.332% | $22K | — | 100x | as long as short |
Variational Omni DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
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]