Funding you earn now, next payment 22:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.036%
Price spread now: Coinbase International against OKX−0.075%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.075%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.113% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.2029 | −0.0029 | get 0.0029% / 8h | 1h 40m | $9.5M | $23.6M | 50x |
| Short | Coinbase International DOT-PERP-INTX | 1.2020 | −0.0128 | pay 0.0016% / 1h | 40m 21s | $185K | $1.8M | 50x |
OKX DOT-USDT-SWAP
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- −$20.69
- Price spread: −0.075% → +0.038%
- −$11.32
- Slippage, 4 orders
- −$31.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$83.29
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 3 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 OKX live order book, 3 min ago | 0.42 bp | 10.9 bp −$11 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.17 bp | 9.2 bp −$9 | 15.3 bp −$153 | 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 | 1.2024 | −0.039% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0128% | 1h | 1.2020 | −0.075% | $185K | $1.8M | 50x | |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2042 | +0.111% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.075% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAPlong | −0.0029% | 8h | 1.2029 | long leg | $9.5M | $23.6M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2024 | −0.038% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2037 | +0.065% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0023% | 8h | 1.2030 | +0.008% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0073% | 8h | 1.2028 | −0.008% | $26.6M | $36.4M | 300x | as long as short |
| Binance DOTUSDT | +0.0076% | 8h | 1.2031 | +0.016% | $44.2M | $80.7M | 75x | as long as short |
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DOT-USD | +0.0080% | 1h | 1.2025 | −0.034% | $15K | $235K | 25x | as long as short |
| Deribit DOT_USDC-PERPETUAL | +0.0082% | 1h | 1.2043 | +0.116% | $220K | $117K | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2022 | −0.062% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2040 | +0.091% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2020 | −0.071% | $893K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2031 | +0.017% | $24.6M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2030 | +0.008% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2030 | +0.008% | $23.1M | $14.1M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2031 | +0.017% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2012 | −0.141% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2008 | −0.174% | $547K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1993 | −0.303% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1980 | −0.406% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2030 | +0.008% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2039 | +0.083% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2015 | −0.116% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0193% | 8h | 1.2016 | −0.108% | $2.2M | $764K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1025% | 1h | 1.2037 | +0.067% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0312% | 8h | 1.2020 | −0.075% | $2.2M | $2.1M | 50x | as long as short |
Extended DOT-USD
Deribit DOT_USDC-PERPETUAL
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT