Funding you earn now, next payment 03:00 UTC−0.0712%/8h= −78.0% APRnext payment −$0.89 per $10,000 · paid last 24h −0.076%
Price spread now: Coinbase International against Extended+0.157%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$500.504% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.157%, 7d avg +0.075%
=Together, before fees−0.447%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.083% dearer against Extended than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.075%): +$8 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.224% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.224% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.89 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 | Extended DOT-USD | 1.1831 | 0.0104 | pay 0.0013% / 1h | 4m 53s | $14K | $310K | 25x |
| Short | Coinbase International DOT-PERP-INTX | 1.1850 | −0.0608 | pay 0.0076% / 1h | 4m 53s | $195K | $1.9M | 50x |
Extended DOT-USD
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$149.52
- Price spread: +0.157% → +0.075%
- $8.29
- Slippage, 4 orders
- −$35.41
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$191.64
- Costs to cover
- 0.504%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 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 Extended live order book, 52 min ago | 0.84 bp | 7.7 bp −$8 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 4.22 bp | 17.5 bp −$18 | 17.6 bp −$176 | 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 | −0.1856% | 1h | 1.1847 | +0.132% | $225K | $121K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0608% | 1h | 1.1850 | +0.157% | $195K | $1.9M | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1834 | +0.025% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1839 | +0.063% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1840 | +0.071% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.594% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1844 | +0.104% | $268K | $636K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1831 | 0.000% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1852 | +0.178% | $845K | $597K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1833 | +0.011% | $43.6M | $85.1M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1830 | −0.012% | $24.3M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1825 | −0.054% | $9.4M | $24.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.012% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1837 | +0.048% | $30.0M | $53.5M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1840 | +0.073% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1830 | −0.012% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1838 | +0.056% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1836 | +0.039% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1833 | +0.017% | $538K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1849 | +0.147% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1850 | +0.157% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | +0.073% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1857 | +0.217% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1842 | +0.090% | $257K | $242K | 75x | as long as short |
| Extended DOT-USDlong | +0.0104% | 1h | 1.1831 | long leg | $14K | $310K | 25x | |
| Phemex DOTUSDT | +0.0144% | 8h | 1.1850 | +0.157% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1845 | +0.114% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1845 | +0.115% | $2.2M | $899K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1840 | +0.073% | $22K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
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]