Funding you earn now, next payment 02:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.086%
Price spread now: Coinbase International against edgeX+0.149%77s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)−0.405%−$40 · spread now +0.149%, 7d avg +0.043%
=Together, before fees−0.727%+ Points / potential airdropedgeX: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.106% dearer against edgeX than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.043%): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.322% in total) that is about 2.3 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.322% in total (about -16.8% a year). A funding rate is set anew for every payment. 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 | edgeX DOTUSDC | 1.1902 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $35K | $335K | 20x |
| Short | Coinbase International DOT-PERP-INTX | 1.1920 | −0.0376 | pay 0.0047% / 1h | 44m 03s | $196K | $2.0M | 50x |
edgeX DOTUSDC
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$99.96
- Price spread: +0.149% → +0.043%
- $10.61
- Slippage, 4 orders
- −$36.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$144.52
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 19 min ago; Coinbase International: live order book, 5 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 edgeX live order book, 19 min ago | 5.83 bp | 10.3 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.20 bp | 17.2 bp −$17 | 22.2 bp −$222 | 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-PERPETUAL | −0.2007% | 1h | 1.1936 | +0.283% | $227K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0376% | 1h | 1.1920 | +0.149% | $196K | $2.0M | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1920 | +0.151% | $258 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1936 | +0.281% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1923 | +0.174% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.989% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0079% | 8h | 1.1930 | +0.233% | $9.3M | $24.2M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1935 | +0.274% | $270K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1933 | +0.258% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1939 | +0.307% | $864K | $705K | 50x | 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
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 | 1.1933 | +0.259% | $44.0M | $84.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1931 | +0.241% | $24.5M | $18.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | +0.233% | $6.7M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1929 | +0.225% | $29.4M | $48.2M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1927 | +0.208% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1930 | +0.233% | $22.8M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1931 | +0.241% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1928 | +0.216% | $93K | $126K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1920 | +0.148% | $541K | $58K | — | as long as short |
| edgeX DOTUSDClong | +0.0100% | 4h | 1.1902 | long leg | $35K | $335K | 20x | |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1901 | −0.011% | $231K | $431K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1930 | +0.233% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1939 | +0.309% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1909 | +0.057% | $259K | $241K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1924 | +0.185% | $17K | $303K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1937 | +0.292% | — | $856K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1921 | +0.157% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0306% | 8h | 1.1940 | +0.317% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0411% | 1h | 1.1936 | +0.287% | $4.5M | $1.5M | 50x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT
Kraken Futures PF_DOTUSD