Funding you earn now, next payment 21:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.045%
Price spread now: dYdX against Coinbase International+0.169%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now +0.169%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.161% dearer against Coinbase International than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1820 | −0.0064 | get 0.0008% / 1h | 54m 10s | $189K | $1.8M | 50x |
| Short | dYdX DOT-USD | 1.1840 | 0 | get 0.0000% / 1h | 54m 10s | $143K | $6K | 10x |
Coinbase International DOT-PERP-INTX
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- $13.44
- Price spread: +0.169% → +0.008%
- $16.14
- Slippage, 4 orders
- −$150.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$141.13
- Costs to cover
- 1.707%
- Break-even
- 80.5 days
Slippage from Coinbase International: live order book, 4 min ago; dYdX: live order book, 34 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 Coinbase International live order book, 4 min ago | 4.22 bp | 17.6 bp −$18 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 34 min ago | 62.79 bp | 67.8 bp −$68 | 124.6 bp −$1,246 | 170.3 bp −$17.0K | 761.9 bp −$380.9K |
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 | −0.1185% | 1h | 1.1833 | +0.110% | $216K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1803 | −0.146% | $255 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1836 | +0.131% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | 0.000% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0064% | 1h | 1.1820 | long leg | $189K | $1.8M | 50x | |
| OKX DOT-USDT-SWAP | −0.0045% | 8h | 1.1828 | +0.068% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1840 | +0.169% | $143K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1829 | +0.075% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0048% | 8h | 1.1824 | +0.034% | $6.7M | $8.8M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0093% | 1h | 1.1828 | +0.068% | $94K | $121K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1828 | +0.065% | $259K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1838 | +0.152% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1833 | +0.113% | $887K | $650K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1826 | +0.051% | $43.8M | $80.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1825 | +0.042% | $24.3M | $17.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | +0.085% | $6.8M | $11.1M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1826 | +0.051% | $30.8M | $33.6M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1832 | +0.102% | $22.8M | $13.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1830 | +0.085% | — | $28.6M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1848 | +0.241% | $539K | $92K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1834 | +0.116% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1835 | +0.130% | $229K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1820 | 0.000% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1858 | +0.321% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1859 | +0.330% | $246K | $206K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1820 | +0.002% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1844 | +0.203% | $2.3M | $757K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1829 | +0.073% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0399% | 8h | 1.1830 | +0.085% | $2.1M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
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