DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.5% APRnext payment +$2.97 per $10,000 · paid last 24h +0.133%

Price spread now: Phemex against Variational Omni−0.098%56s7-day average +0.209% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.581%+$58 on $10k

Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.098%, 7d avg +0.209%

Together, before fees+0.808%+ Points / potential airdropVariational Omni: Active · farm board+$81 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.307% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.209%). If the spread goes back, that is −$31 on $10k: about 3.4 days of funding at the current rate (+$9 a day). The two prices were read 56 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	Variational Omni DOT	1.2062	0.0094	pay 0.0094% / 8h	7h 57m	$548K	$61K	—
Short	Phemex DOTUSDT	1.2050	0.0391	get 0.0391% / 8h	7h 57m	$2.3M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee PhemexbpOrdersPrice spread, now −0.098%Rate

Funding earned: $62.4
Price spread: −0.098% → +0.209%: −$30.75
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Phemex: 6 bp × 2 orders: −$12
Net: $19.65
Costs to cover: 0.120%
Break-even: 4.8 days

Slippage unknown: Variational Omni: RFQ quote, 17 min ago; Phemex: live order book, 1 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 Variational Omni RFQ quote, 17 min ago	3.57 bp	doesn't fit	19.8 bp −$198	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	8.28 bp	25.7 bp −$26	59.1 bp −$591	133.0 bp −$13.3K	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	−0.0331%	1h	1.2042	−0.165%	$220K	$116K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.2054	−0.069%	$261	—	—	as long as short
Backpack DOT_USDC_PERP	−0.0099%	1h	1.2037	−0.206%	$96K	$131K	10x	as long as short
Coinbase International DOT-PERP-INTX	−0.0048%	1h	1.2040	−0.181%	$206K	$1.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.2046	−0.132%	$145K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.2069	+0.058%	$5K	—	150x	as long as short
OKX DOT-USDT-SWAP	+0.0010%	8h	1.2055	−0.057%	$9.6M	$24.1M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	−0.347%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0047%	8h	1.2061	−0.007%	$6.6M	$9.0M	75x	as long as short
Variational Omni DOTlong	+0.0094%	8h	1.2062	long leg	$548K	$61K	—

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter DOT	+0.0096%	1h	1.2048	−0.113%	$246K	$595K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.2062	+0.001%	$5.3M	$3.5M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.2062	+0.005%	$879K	$691K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.2062	+0.001%	$44.5M	$83.4M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.2056	−0.049%	$24.9M	$18.7M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.2060	−0.016%	$6.8M	$11.5M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.2062	+0.001%	$34.2M	$41.1M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.2060	−0.016%	$23.1M	$14.8M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.2057	−0.040%	—	$28.6M	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.2048	−0.114%	$35K	$332K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.2065	+0.028%	$233K	$457K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.2060	−0.016%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2050	−0.098%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.2073	+0.092%	$249K	$219K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.2049	−0.108%	$15K	$233K	25x	as long as short
Kraken Futures PF_DOTUSD	+0.0116%	1h	1.2045	−0.136%	$4.5M	$1.4M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.2045	−0.140%	$2.2M	$785K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0302% / S −0.1012%	1h	1.2070	+0.064%	$22K	—	100x	as long as short
Phemex DOTUSDTshort	+0.0391%	8h	1.2050	−0.098%	$2.3M	$2.1M	50x