Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.057%
Price spread now: Coinbase International against Injective0.000%7-day average −0.585% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 3 days (all we have)−0.156%−$16 · spread now 0.000%, 7d avg −0.585%
=The price spread pays, funding is against you. Coinbase International is 0.585% dearer against Injective than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.585%): +$58 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOT/USDC PERP | 1.2020 | 0.0033 | pay 0.0004% / 1h | 11m 04s | $328 | $121K | 12x |
| Short | Coinbase International DOT-PERP-INTX | 1.2020 | −0.0056 | pay 0.0007% / 1h | 11m 04s | $206K | $1.8M | 50x |
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- −$18.76
- Price spread: 0.000% → −0.585%
- $58.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $29.68
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 4.15 bp | 17.3 bp −$17 | 22.9 bp −$229 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0415% | 1h | 1.2024 | +0.033% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2010 | −0.081% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0056% | 1h | 1.2020 | 0.000% | $206K | $1.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2032 | +0.099% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2023 | +0.025% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0013% | 8h | 1.2017 | −0.025% | $9.5M | $24.1M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2024 | +0.032% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERPlong | +0.0033% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| KuCoin DOTUSDTM | +0.0052% | 8h | 1.2016 | −0.033% | $6.7M | $8.9M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2015 | −0.042% | $245K | $605K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DOT | +0.0099% | 8h | 1.2009 | −0.094% | $547K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2014 | −0.050% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2033 | +0.105% | $876K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2018 | −0.017% | $44.4M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2014 | −0.050% | $24.7M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2010 | −0.083% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2015 | −0.042% | $33.3M | $40.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2020 | 0.000% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2008 | −0.100% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2011 | −0.075% | $96K | $131K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2047 | +0.224% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2050 | +0.248% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2010 | −0.083% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2030 | +0.083% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2024 | +0.033% | $248K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2013 | −0.059% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2016 | −0.033% | $2.3M | $784K | 75x | as long as short |
| Phemex DOTUSDT | +0.0285% | 8h | 1.2040 | +0.166% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2022 | +0.013% | $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
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]