Funding you earn now, next payment 07:00 UTC−0.3961%/8h= −433.7% APRnext payment −$4.95 per $10,000 · paid last 24h −0.245%
Price spread now: Deribit against Extended+0.072%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.944%−$94 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.072%, 7d avg +0.115%
=Together, before fees−1.001%+ Points / potential airdropExtended: Active · farm board−$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$119 a day on $10k at the current rate, and Deribit is 0.043% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.115%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.944% in total (about -49.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.95 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 | 1.1630 | 0.0104 | pay 0.0013% / 1h | 3m 41s | $15K | $255K | 25x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1638 | −0.3857 | pay 0.0482% / 1h | 3m 41s | $246K | $152K | 50x |
Extended DOT-USD
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$831.81
- Price spread: +0.072% → +0.115%
- −$4.32
- Slippage, 4 orders
- −$31.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$879.27
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from Extended: live order book, 38 min ago; Deribit: live order book, 40 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, 38 min ago | 1.29 bp | 8.3 bp −$8 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 40 min ago | 8.15 bp | 13.2 bp −$13 | 23.9 bp −$239 | 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-PERPETUALshort | −0.3857% | 1h | 1.1638 | +0.072% | $246K | $152K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1650 | +0.175% | $170K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1632 | +0.021% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1636 | +0.052% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1635 | +0.042% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.356% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1636 | +0.054% | $246K | $677K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1635 | +0.046% | $5.6M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1644 | +0.126% | $839K | $607K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1636 | +0.057% | $42.4M | $88.8M | 75x | as long as short |
Coinbase International DOT-PERP-INTX
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 | 1.1630 | +0.003% | $23.6M | $20.2M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1633 | +0.029% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1630 | +0.003% | $6.7M | $12.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1636 | +0.054% | $35.2M | $61.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1634 | +0.037% | $6.1M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1633 | +0.029% | $22.3M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1634 | +0.037% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1634 | +0.037% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1650 | +0.179% | $530K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1655 | +0.217% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1654 | +0.212% | $223K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1640 | +0.089% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1657 | +0.235% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1643 | +0.114% | $262K | $281K | 75x | as long as short |
| Extended DOT-USDlong | +0.0104% | 1h | 1.1630 | long leg | $15K | $255K | 25x | |
| Phemex DOTUSDT | +0.0198% | 8h | 1.1650 | +0.175% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1645 | +0.132% | $1.9M | $901K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1634 | +0.036% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0328% | 1h | 1.1637 | +0.059% | $4.3M | $1.5M | 50x | 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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD