Funding you earn now, next payment 04:00 UTC+0.2206%/8h= +241.6% APRnext payment +$2.76 per $10,000 · paid last 24h +0.151%
Price spread now: Extended against Deribit−0.080%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs+$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.842%+$84 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.080%, 7d avg −0.119%
=Together, before fees+0.979%+ Points / potential airdropExtended: Active · farm board+$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$66 a day on $10k at the current rate, and Extended is 0.038% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.119%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.842% in total (about 43.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.1875 | −0.2102 | get 0.0263% / 1h | 31m 13s | $228K | $116K | 50x |
| Short | Extended DOT-USD | 1.1865 | 0.0104 | get 0.0013% / 1h | 31m 13s | $17K | $304K | 25x |
Deribit DOT_USDC-PERPETUAL
Extended DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $463.26
- Price spread: −0.080% → −0.119%
- $3.81
- Slippage, 4 orders
- −$33.07
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $421.99
- Costs to cover
- 0.451%
- Break-even
- 0.6 days
Slippage from Deribit: live order book, 27 min ago; Extended: live order book, 26 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, 27 min ago | 8.85 bp | 12.4 bp −$12 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell Extended live order book, 26 min ago | 0.84 bp | 7.7 bp −$8 | 57.7 bp −$577 | 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-PERPETUALlong | −0.2102% | 1h | 1.1875 | long leg | $228K | $116K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1860 | −0.126% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1868 | −0.063% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1864 | −0.093% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1871 | −0.034% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.221% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0093% | 8h | 1.1873 | −0.017% | $9.4M | $24.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1874 | −0.011% | $268K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1873 | −0.017% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1875 | −0.004% | $857K | $580K | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1870 | −0.040% | $43.7M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1871 | −0.034% | $24.3M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.042% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1871 | −0.034% | $26.9M | $52.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1872 | −0.025% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1860 | −0.126% | $22.6M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1874 | −0.008% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1850 | −0.211% | $92K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1783 | −0.771% | $536K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | −0.567% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1810 | −0.549% | $235K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | −0.126% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1885 | +0.084% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | −0.531% | $257K | $242K | 75x | as long as short |
| Extended DOT-USDshort | +0.0104% | 1h | 1.1865 | −0.080% | $17K | $304K | 25x | |
| Phemex DOTUSDT | +0.0145% | 8h | 1.1880 | +0.042% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0213% | 1h | 1.1876 | +0.010% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1871 | −0.034% | $2.2M | $888K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1871 | −0.032% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]