Funding you earn now, next payment 22:00 UTC−0.1400%/8h= −153.3% APRpaid last 24h −0.187%
Price spread now: Deribit against BloFin+0.195%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days−0.996%−$100 on $10k
+Price spread, last 3 days (all we have)−0.283%−$28 · spread now +0.195%, 7d avg +0.066%
=The price spread pays, funding is against you. Deribit is 0.129% dearer against BloFin than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.066%): +$13 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.996% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1803 | 0.0215 | pay 0.0215% / 8h | 2h 50m | $2.2M | $753K | 75x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1826 | −0.1185 | pay 0.0148% / 1h | 50m 29s | $216K | $118K | 50x |
BloFin DOT-USDT
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- −$293.94
- Price spread: +0.195% → +0.066%
- $12.91
- Slippage, 4 orders
- −$30.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$330.98
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Deribit: live order book, 38 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 BloFin live order book, 3 min ago | 1.27 bp | 9.4 bp −$9 | 14.8 bp −$148 | 44.6 bp −$4,460 | doesn't fit |
| Sell Deribit live order book, 38 min ago | 7.57 bp | 11.9 bp −$12 | 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 | −0.1185% | 1h | 1.1826 | +0.195% | $216K | $118K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1812 | +0.075% | $256 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0130% | 1h | 1.1825 | +0.184% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | +0.144% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1800 | −0.025% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0042% | 8h | 1.1830 | +0.229% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1821 | +0.152% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1819 | +0.139% | $3K | — | 150x | as long as short |
| Backpack DOT_USDC_PERP | +0.0037% | 1h | 1.1818 | +0.127% | $94K | $121K | 10x | as long as short |
| KuCoin DOTUSDTM | +0.0044% | 8h | 1.1810 | +0.059% | $6.7M | $8.7M | 75x | as long as short |
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Backpack DOT_USDC_PERP
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0094% | 8h | 1.1810 | +0.059% | $31.2M | $33.7M | 300x | as long as short |
| Binance DOTUSDT | +0.0095% | 8h | 1.1817 | +0.119% | $43.7M | $80.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1813 | +0.088% | $258K | $563K | 10x | as long as short |
| Extended DOT-USD | +0.0096% | 1h | 1.1814 | +0.089% | $15K | $240K | 25x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1816 | +0.110% | $5.2M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1813 | +0.084% | $885K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1831 | +0.237% | $24.3M | $17.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1810 | +0.059% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1810 | +0.059% | $22.7M | $13.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1812 | +0.076% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1808 | +0.039% | $539K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1833 | +0.257% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1859 | +0.477% | $230K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1810 | +0.059% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1830 | +0.229% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1837 | +0.288% | $245K | $207K | 75x | as long as short |
| BloFin DOT-USDTlong | +0.0215% | 8h | 1.1803 | long leg | $2.2M | $753K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1822 | +0.159% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0410% | 8h | 1.1830 | +0.229% | $2.1M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Extended DOT-USD
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT