Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.171%
Price spread now: HTX against Deribit−0.324%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$790.790% of the position
Funding, last 7 days+0.917%+$92 on $10k
+Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.324%, 7d avg −0.087%
=Funding pays, the price is against you. HTX is 0.236% cheaper against Deribit than usual: you would sell low and buy high (spread −0.324% now, against its 7-day average of −0.087%). If the spread goes back, that is −$24 on $10k: about 7.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.917% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.2047 | 0 | get 0.0000% / 1h | 5m 20s | $220K | $116K | 50x |
| Short | HTX DOT-USDT | 1.2008 | 0.0100 | get 0.0100% / 8h | 5m 20s | $248K | $220K | 75x |
Deribit DOT_USDC-PERPETUAL
HTX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: −0.324% → −0.087%
- −$23.63
- Slippage, 4 orders
- −$59.96
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$81.6
- Costs to cover
- 0.790%
- Break-even
- 34.2 days
Slippage from Deribit: live order book, 8 min ago; HTX: live order book, 6 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, 8 min ago | 5.39 bp | 9.7 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell HTX live order book, 6 min ago | 9.98 bp | 27.5 bp −$28 | 492.4 bp −$4,924 | 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 | 1.2031 | −0.130% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2020 | −0.224% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2022 | −0.206% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUALlong | 0.0000% | 1h | 1.2047 | long leg | $220K | $116K | 50x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2039 | −0.071% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0012% | 8h | 1.2034 | −0.108% | $9.5M | $24.0M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2044 | −0.029% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.224% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0053% | 8h | 1.2031 | −0.133% | $6.6M | $8.9M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2037 | −0.085% | $246K | $605K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DOT | +0.0097% | 8h | 1.1998 | −0.408% | $546K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2038 | −0.075% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2033 | −0.119% | $876K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2033 | −0.116% | $44.4M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2030 | −0.141% | $24.7M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2030 | −0.141% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2032 | −0.125% | $33.7M | $41.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2032 | −0.125% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2032 | −0.125% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2016 | −0.257% | $96K | $131K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2019 | −0.230% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2044 | −0.022% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2040 | −0.058% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2035 | −0.100% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDTshort | +0.0100% | 8h | 1.2008 | −0.324% | $248K | $220K | 75x | |
| Extended DOT-USD | +0.0104% | 1h | 1.2033 | −0.117% | $15K | $236K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2038 | −0.075% | $2.3M | $784K | 75x | as long as short |
| Phemex DOTUSDT | +0.0285% | 8h | 1.2040 | −0.058% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2039 | −0.064% | $22K | — | 100x | as long as short |
Variational Omni DOT
Hyperliquid DOT
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
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]