Funding you earn now, next payment 05:00 UTC−0.2892%/8h= −316.7% APRpaid last 24h −0.185%
Price spread now: Deribit against Bitget+0.059%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.521% of the position
Funding, last 7 days−0.933%−$93 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.059%, 7d avg +0.069%
=The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$87 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.933% in total (about -48.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOTUSDT | 1.1793 | 0.0100 | pay 0.0100% / 8h | 3h 08m | $22.5M | $14.5M | 75x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1800 | −0.2792 | pay 0.0349% / 1h | 8m 53s | $230K | $128K | 50x |
Bitget DOTUSDT
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- −$607.32
- Price spread: +0.059% → +0.069%
- −$0.97
- Slippage, 4 orders
- −$33.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$660.43
- Costs to cover
- 0.521%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Deribit: live order book, 45 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 Bitget live order book, 5 min ago | 4.21 bp | 10.2 bp −$10 | 23.6 bp −$236 | 49.5 bp −$4,949 | doesn't fit |
| Sell Deribit live order book, 45 min ago | 9.58 bp | 14.7 bp −$15 | doesn't fit | 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-PERPETUALshort | −0.2792% | 1h | 1.1800 | +0.059% | $230K | $128K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1830 | +0.314% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1791 | −0.015% | $255 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1816 | +0.194% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1794 | +0.008% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.925% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0058% | 1h | 1.1802 | +0.073% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1799 | +0.049% | $260K | $641K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1802 | +0.076% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1808 | +0.129% | $842K | $593K | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1801 | +0.068% | $43.3M | $85.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1795 | +0.017% | $24.1M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1798 | +0.042% | $9.3M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1800 | +0.059% | $6.6M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1805 | +0.102% | $36.2M | $55.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1805 | +0.102% | $6.3M | $9.2M | 75x | as long as short |
| Bitget DOTUSDTlong | +0.0100% | 8h | 1.1793 | long leg | $22.5M | $14.5M | 75x | |
| BingX DOT-USDT | +0.0100% | 8h | 1.1799 | +0.051% | — | $29.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1796 | +0.025% | $91K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1824 | +0.266% | $539K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1879 | +0.728% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1874 | +0.683% | $235K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1800 | +0.059% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1807 | +0.119% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1801 | +0.068% | $261K | $262K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1794 | +0.006% | $17K | $217K | 25x | as long as short |
| Phemex DOTUSDT | +0.0115% | 8h | 1.1820 | +0.229% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1799 | +0.051% | $2.2M | $880K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1792 | −0.013% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
BingX 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
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]