Funding you earn now, next payment 23:00 UTC−0.0641%/8h= −70.1% APRpaid last 24h −0.145%
Price spread now: Deribit against OKX+0.143%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days−0.758%−$76 on $10k
+Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.143%, 7d avg +0.084%
=The price spread pays, funding is against you. Deribit is 0.059% dearer against OKX than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.084%): +$6 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.1915 | −0.0030 | get 0.0030% / 8h | 1h 50m | $9.4M | $23.4M | 50x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1932 | −0.0671 | pay 0.0084% / 1h | 50m 23s | $218K | $117K | 50x |
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$134.52
- Price spread: +0.143% → +0.084%
- $5.9
- Slippage, 4 orders
- −$34.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$180.21
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 33 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 | 12.2 bp −$12 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 33 min ago | 9.54 bp | 13.0 bp −$13 | doesn't fit | 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 | −0.0671% | 1h | 1.1932 | +0.143% | $218K | $117K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1918 | +0.023% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1940 | +0.210% | $184K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0054% | 1h | 1.1933 | +0.154% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.881% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAPlong | −0.0030% | 8h | 1.1915 | long leg | $9.4M | $23.4M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1930 | +0.125% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1927 | +0.101% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0022% | 8h | 1.1923 | +0.067% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0059% | 8h | 1.1924 | +0.076% | $36.4M | $35.9M | 300x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0061% | 8h | 1.1924 | +0.073% | $43.9M | $80.6M | 75x | as long as short |
| Extended DOT-USD | +0.0064% | 1h | 1.1913 | −0.018% | $15K | $235K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1930 | +0.123% | $250K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1930 | +0.126% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1925 | +0.082% | $886K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1916 | +0.008% | $24.4M | $17.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | +0.042% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1920 | +0.042% | $22.8M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1918 | +0.025% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1921 | +0.050% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1914 | −0.004% | $543K | $69K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1943 | +0.238% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1970 | +0.462% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1920 | +0.042% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1939 | +0.201% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1928 | +0.109% | $246K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0179% | 8h | 1.1923 | +0.067% | $2.2M | $761K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.1928 | +0.113% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0346% | 8h | 1.1940 | +0.210% | $2.2M | $2.1M | 50x | as long as short |
Binance DOTUSDT
Extended DOT-USD
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