Funding you earn now, next payment 04:00 UTC−0.0163%/8h= −17.9% APRpaid last 24h −0.087%
Price spread now: edgeX against Phemex−0.021%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.662%−$66 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.021%, 7d avg −0.205%
=Together, before fees−0.474%+ Points / potential airdropedgeX: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.184% dearer against Phemex than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.205%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOTUSDT | 1.1930 | 0.0263 | pay 0.0263% / 8h | 5h 11m | $2.3M | $2.2M | 50x |
| Short | edgeX DOTUSDC | 1.1928 | 0.0100 | get 0.0050% / 4h | 1h 11m | $35K | $333K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$34.24
- Price spread: −0.021% → −0.205%
- $18.43
- Slippage, 4 orders
- −$47.67
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$84.48
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 52 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 Phemex live order book, 2 min ago | 8.38 bp | 20.8 bp −$21 | 59.7 bp −$597 | 126.1 bp −$12.6K | doesn't fit |
| Sell edgeX live order book, 52 min ago | 5.83 bp | 10.3 bp −$10 | 12.9 bp −$129 | doesn't fit | 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 | −0.2260% | 1h | 1.1923 | −0.059% | $228K | $115K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0376% | 1h | 1.1920 | −0.084% | $196K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1935 | +0.039% | $258 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1922 | −0.070% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1942 | +0.101% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.754% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1934 | +0.032% | $270K | $632K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1939 | +0.075% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1940 | +0.084% | $862K | $709K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1942 | +0.101% | $43.8M | $85.3M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1943 | +0.109% | $24.6M | $19.0M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1947 | +0.142% | $9.4M | $24.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | 0.000% | $6.8M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1942 | +0.101% | $33.5M | $50.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1937 | +0.059% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1935 | +0.042% | $22.8M | $14.9M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1936 | +0.050% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1910 | −0.168% | $93K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1972 | +0.353% | $545K | $58K | — | as long as short |
| edgeX DOTUSDCshort | +0.0100% | 4h | 1.1928 | −0.021% | $35K | $333K | 20x | |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1921 | −0.074% | $227K | $416K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | +0.084% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1928 | −0.017% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1922 | −0.067% | $259K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1927 | −0.023% | $14K | $305K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1932 | +0.017% | $2.2M | $872K | 75x | as long as short |
| Phemex DOTUSDTlong | +0.0263% | 8h | 1.1930 | long leg | $2.3M | $2.2M | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1940 | +0.085% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0411% | 1h | 1.1921 | −0.071% | $4.4M | $1.5M | 50x | as long as short |
Phemex DOTUSDT
edgeX DOTUSDC
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD