Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.065%
Price spread now: MEXC against Coinbase International−0.041%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.041%, 7d avg −0.019%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.019%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.2060 | −0.0024 | get 0.0003% / 1h | 7m 46s | $198K | $2.0M | 50x |
| Short | MEXC DOT_USDT | 1.2055 | 0.0100 | get 0.0100% / 8h | 6h 07m | $26.4M | $47.6M | 300x |
Coinbase International DOT-PERP-INTX
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $26.04
- Price spread: −0.041% → −0.019%
- −$2.26
- Slippage, 4 orders
- −$29.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$15.35
- Costs to cover
- 0.391%
- Break-even
- 11.1 days
Slippage from Coinbase International: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 4.15 bp | 16.5 bp −$16 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.83 bp | 2.3 bp −$2 | 7.2 bp −$72 | 46.7 bp −$4,669 | 80.9 bp −$40.4K |
DOT on 28 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 | −0.1322% | 1h | 1.2065 | +0.041% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2046 | −0.116% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0024% | 1h | 1.2060 | long leg | $198K | $2.0M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2036 | −0.202% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2058 | −0.016% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.332% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0065% | 8h | 1.2054 | −0.050% | $9.4M | $24.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2063 | +0.027% | $272K | $630K | 10x | as long as short |
| KuCoin DOTUSDTM | +0.0096% | 8h | 1.2055 | −0.041% | $6.5M | $9.2M | 75x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2059 | −0.008% | $5.5M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
KuCoin DOTUSDTM
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2060 | 0.000% | $872K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2059 | −0.009% | $44.6M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2053 | −0.058% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2050 | −0.083% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.2055 | −0.041% | $26.4M | $47.6M | 300x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2050 | −0.083% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2051 | −0.075% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2063 | +0.025% | $96K | $126K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2060 | +0.003% | $549K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2062 | +0.018% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2062 | +0.019% | $231K | $421K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2050 | −0.083% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2053 | −0.058% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2071 | +0.091% | $251K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2049 | −0.090% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2062 | +0.018% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2055 | −0.041% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0390% | 8h | 1.2080 | +0.166% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT