Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%
Price spread now: dYdX against OKX+0.129%50s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as 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−$1671.675% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.129%, 7d avg +0.044%
=The price spread pays, funding is against you. dYdX is 0.085% dearer against OKX than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.044%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.071% in total) that is about 8.4 days. The two prices were read 50 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 | OKX DOT-USDT-SWAP | 1.1665 | 0.0100 | pay 0.0100% / 8h | 1h 54m | $9.0M | $25.6M | 50x |
| Short | dYdX DOT-USD | 1.1680 | 0 | get 0.0000% / 1h | 54m 56s | $141K | $6K | 10x |
OKX DOT-USDT-SWAP
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against OKX. 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: +0.129% → +0.044%
- $8.51
- Slippage, 4 orders
- −$147.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$179.96
- Costs to cover
- 1.675%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; dYdX: live order book, 54 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 OKX live order book, 4 min ago | 0.43 bp | 10.8 bp −$11 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 54 min ago | 67.63 bp | 72.6 bp −$73 | 137.4 bp −$1,374 | 175.8 bp −$17.6K | 277.1 bp −$138.6K |
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 | −0.3841% | 1h | 1.1685 | +0.171% | $243K | $143K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1690 | +0.214% | $170K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1674 | +0.076% | $253 | — | — | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1680 | +0.129% | $141K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1677 | +0.099% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.043% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1680 | +0.129% | $247K | $675K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1681 | +0.137% | $5.4M | $4.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1682 | +0.149% | $836K | $604K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1676 | +0.093% | $42.5M | $88.6M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1667 | +0.017% | $23.5M | $20.1M | 75x | as long as short |
| OKX DOT-USDT-SWAPlong | +0.0100% | 8h | 1.1665 | long leg | $9.0M | $25.6M | 50x | |
| Gate DOT_USDT | +0.0100% | 8h | 1.1670 | +0.043% | $6.6M | $12.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1676 | +0.094% | $31.5M | $59.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1681 | +0.137% | $6.3M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1673 | +0.069% | $22.3M | $14.9M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1674 | +0.077% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1676 | +0.094% | $91K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1690 | +0.218% | $532K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1725 | +0.512% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1704 | +0.335% | $232K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1680 | +0.129% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1695 | +0.257% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1684 | +0.163% | $263K | $279K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1667 | +0.017% | $15K | $247K | 25x | as long as short |
| Phemex DOTUSDT | +0.0150% | 8h | 1.1700 | +0.300% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1685 | +0.171% | $2.1M | $907K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1675 | +0.085% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0327% | 1h | 1.1685 | +0.168% | $4.3M | $1.4M | 50x | as long as short |
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD