Funding you earn now, next payment 01:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.090%
Price spread now: Coinbase International against BloFin−0.351%178s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 3 days (all we have)+0.380%+$38 · spread now −0.351%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.373% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 178 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOT-USDT | 1.1962 | 0.0220 | pay 0.0220% / 8h | 6h 46m | $2.2M | $796K | 75x |
| Short | Coinbase International DOT-PERP-INTX | 1.1920 | −0.0024 | pay 0.0003% / 1h | 46m 10s | $196K | $1.8M | 50x |
BloFin DOT-USDT
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$51.24
- Price spread: −0.351% → +0.022%
- −$37.34
- Slippage, 4 orders
- −$34.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$144.76
- Costs to cover
- 0.562%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Coinbase International: live order book, 2 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 BloFin live order book, 7 min ago | 1.67 bp | 9.3 bp −$9 | 14.2 bp −$142 | 33.8 bp −$3,379 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 8.38 bp | 18.1 bp −$18 | 25.2 bp −$252 | 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 | −0.1841% | 1h | 1.1931 | −0.259% | $218K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1909 | −0.442% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0024% | 1h | 1.1920 | −0.351% | $196K | $1.8M | 50x | |
| gTrade (Gains Network) DOT/USD | L −0.0002% / S +0.0004% | 1h | 1.1917 | −0.376% | $14K | — | 150x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1919 | −0.359% | $144K | $6K | 10x | as long as short |
| OKX DOT-USDT-SWAP | +0.0023% | 8h | 1.1924 | −0.318% | $9.3M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.485% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0078% | 8h | 1.1925 | −0.309% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1923 | −0.326% | $241K | $597K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1924 | −0.318% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1923 | −0.322% | $863K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1926 | −0.304% | $43.9M | $84.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1922 | −0.334% | $24.7M | $18.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | −0.351% | $6.7M | $11.4M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1924 | −0.318% | $31.5M | $44.9M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1915 | −0.393% | $22.7M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1921 | −0.343% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1920 | −0.351% | $95K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1912 | −0.421% | $542K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1968 | +0.052% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1969 | +0.056% | $233K | $422K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1920 | −0.351% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1933 | −0.242% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1980 | +0.150% | $249K | $226K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1917 | −0.377% | $14K | $301K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0197% | 1h | 1.1931 | −0.262% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1962 | long leg | $2.2M | $796K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1915 | −0.394% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0576% | 8h | 1.1940 | −0.184% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC 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
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT