Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.064%
Price spread now: Variational Omni against Coinbase International−0.162%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.264%+$26 on $10k
+Price spread, last 3 days (all we have)+0.214%+$21 · spread now −0.162%, 7d avg −0.046%
=Together, before fees+0.479%+ Points / potential airdropVariational Omni: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.117% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.046%). If the spread goes back, that is −$12 on $10k: about 3.1 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.264% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.2080 | −0.0024 | get 0.0003% / 1h | 11m 02s | $199K | $2.0M | 50x |
| Short | Variational Omni DOT | 1.2060 | 0.0100 | get 0.0100% / 8h | 6h 11m | $549K | $58K | — |
Coinbase International DOT-PERP-INTX
Variational Omni DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.162% → −0.046%
- −$11.68
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $4.36
- Costs to cover
- 0.100%
- Break-even
- 5.8 days
Slippage unknown: Coinbase International: live order book, 3 min ago; Variational Omni: RFQ quote, 58 min ago. Net counts fees only.
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, 3 min ago | 8.31 bp | 13.3 bp −$13 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 3.21 bp | doesn't fit | 19.0 bp −$190 | doesn't fit | doesn't fit |
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 | −0.1238% | 1h | 1.2080 | 0.000% | $221K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2061 | −0.160% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0024% | 1h | 1.2080 | long leg | $199K | $2.0M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2064 | −0.132% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2067 | −0.109% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.497% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0062% | 8h | 1.2062 | −0.149% | $9.4M | $24.6M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0093% | 8h | 1.2068 | −0.099% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2077 | −0.028% | $273K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2077 | −0.025% | $5.5M | $3.5M | 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
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2061 | −0.160% | $872K | $705K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2065 | −0.124% | $44.6M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2065 | −0.124% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2070 | −0.083% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2071 | −0.075% | $26.1M | $47.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2061 | −0.157% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2070 | −0.083% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2065 | −0.124% | $96K | $127K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.2060 | −0.162% | $549K | $58K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2015 | −0.538% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2040 | −0.331% | $231K | $421K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2070 | −0.083% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2083 | +0.025% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2071 | −0.075% | $251K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2067 | −0.110% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0194% | 1h | 1.2075 | −0.039% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2066 | −0.118% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0414% | 8h | 1.2080 | 0.000% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
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