Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.070%
Price spread now: Coinbase International against Deribit+0.108%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.108%, 7d avg −0.041%
=The price spread pays, funding is against you. Coinbase International is 0.148% dearer against Deribit than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.041%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 7 days funding on this pair paid +0.607%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.2087 | 0 | get 0.0000% / 1h | 19m 26s | $221K | $116K | 50x |
| Short | Coinbase International DOT-PERP-INTX | 1.2100 | −0.0048 | pay 0.0006% / 1h | 19m 26s | $207K | $1.8M | 50x |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$10.08
- Price spread: +0.108% → −0.041%
- $14.84
- Slippage, 4 orders
- −$41.38
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$53.62
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 54 min ago; Coinbase International: live order book, 4 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 Deribit live order book, 54 min ago | 5.39 bp | 9.7 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 4.13 bp | 16.7 bp −$17 | 21.8 bp −$218 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2089 | +0.018% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0048% | 1h | 1.2100 | +0.108% | $207K | $1.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2085 | −0.020% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUALlong | 0.0000% | 1h | 1.2087 | long leg | $221K | $116K | 50x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2093 | +0.052% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0023% | 8h | 1.2082 | −0.041% | $9.5M | $24.2M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.554% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0067% | 8h | 1.2089 | +0.017% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2090 | +0.026% | $245K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2095 | +0.066% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2085 | −0.017% | $879K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2089 | +0.017% | $44.6M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2086 | −0.008% | $25.0M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2090 | +0.025% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2090 | +0.025% | $26.7M | $43.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2090 | +0.025% | $23.1M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2090 | +0.025% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2082 | −0.041% | $97K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2081 | −0.054% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2071 | −0.134% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2080 | −0.058% | $234K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | −0.058% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2096 | +0.074% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2077 | −0.083% | $251K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2077 | −0.080% | $15K | $300K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2087 | −0.004% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2074 | −0.108% | $2.2M | $796K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2082 | −0.038% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0530% | 8h | 1.2100 | +0.108% | $2.3M | $2.1M | 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
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT