Funding you earn now, next payment 20:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.080%
Price spread now: Coinbase International against BingX+0.134%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2452.447% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.134%, 7d avg +0.020%
=The price spread pays, funding is against you. Coinbase International is 0.115% dearer against BingX than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.020%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOT-USDC | 1.1924 | 0.0100 | pay 0.0100% / 8h | 3h 29m | — | $1.3M | — |
| Short | Coinbase International DOT-PERP-INTX | 1.1940 | 0.0024 | get 0.0003% / 1h | 29m 34s | $191K | $1.9M | 50x |
BingX DOT-USDC
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$15.96
- Price spread: +0.134% → +0.020%
- $11.46
- Slippage, 4 orders
- −$224.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$249.18
- Costs to cover
- 2.447%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Coinbase International: live order book, 5 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 BingX live order book, 9 min ago | 2.95 bp | 110.3 bp −$110 | 649.0 bp −$6,490 | 925.8 bp −$92.6K | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.21 bp | 17.1 bp −$17 | 23.0 bp −$230 | 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 | −0.0168% | 1h | 1.1944 | +0.168% | $218K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1935 | +0.096% | $258 | — | — | as long as short |
| Injective DOT/USDC PERP | −0.0117% | 1h | 1.1880 | −0.369% | $325 | $62K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0088% | 1h | 1.1942 | +0.152% | $4.5M | $1.4M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0040% | 8h | 1.1898 | −0.218% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1937 | +0.109% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1939 | +0.126% | $3K | — | 150x | as long as short |
| Coinbase International DOT-PERP-INTXshort | +0.0024% | 1h | 1.1940 | +0.134% | $191K | $1.9M | 50x | |
| Bitget DOTUSDT | +0.0073% | 8h | 1.1924 | 0.000% | $23.0M | $13.5M | 75x | as long as short |
| KuCoin DOTUSDTM | +0.0093% | 8h | 1.1933 | +0.075% | $6.8M | $8.8M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Bitget DOTUSDT
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1928 | +0.030% | $260K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1944 | +0.168% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1936 | +0.098% | $894K | $653K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1922 | −0.015% | $44.3M | $80.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1902 | −0.185% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | +0.050% | $7.1M | $11.3M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1921 | −0.025% | $27.6M | $33.2M | 300x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.1924 | long leg | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1935 | +0.092% | $83K | $117K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1922 | −0.014% | $542K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1923 | −0.006% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1890 | −0.285% | $230K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | +0.134% | $9K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1948 | +0.201% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1950 | +0.218% | $249K | $195K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1918 | −0.052% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1928 | +0.034% | $2.3M | $777K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1937 | +0.105% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0479% | 8h | 1.1940 | +0.134% | $2.2M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT