Funding you earn now, next payment 01:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.046%
Price spread now: dYdX against Coinbase International+0.147%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1901.897% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.147%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.145% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1940 | −0.0024 | get 0.0003% / 1h | 48m 13s | $197K | $1.8M | 50x |
| Short | dYdX DOT-USD | 1.1958 | 0 | get 0.0000% / 1h | 48m 13s | $144K | $6K | 10x |
Coinbase International DOT-PERP-INTX
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- $5.04
- Price spread: +0.147% → +0.003%
- $14.46
- Slippage, 4 orders
- −$169.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$170.22
- Costs to cover
- 1.897%
- Break-even
- 243.4 days
Slippage from Coinbase International: live order book, just now; dYdX: live order book, 21 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 Coinbase International live order book, just now | 8.38 bp | 13.4 bp −$13 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 21 min ago | 74.14 bp | 79.1 bp −$79 | 79.1 bp −$791 | 146.5 bp −$14.6K | 678.7 bp −$339.4K |
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 | −0.1755% | 1h | 1.1949 | +0.075% | $218K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1933 | −0.055% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0024% | 1h | 1.1940 | long leg | $197K | $1.8M | 50x | |
| gTrade (Gains Network) DOT/USD | L −0.0002% / S +0.0004% | 1h | 1.1939 | −0.008% | $14K | — | 150x | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1958 | +0.147% | $144K | $6K | 10x | |
| OKX DOT-USDT-SWAP | +0.0022% | 8h | 1.1946 | +0.050% | $9.3M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.670% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0079% | 8h | 1.1943 | +0.025% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1941 | +0.009% | $241K | $597K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1950 | +0.084% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
gTrade (Gains Network) 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 | 1.1947 | +0.058% | $868K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1944 | +0.034% | $44.0M | $84.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1941 | +0.008% | $24.7M | $18.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1940 | 0.000% | $6.7M | $11.4M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1947 | +0.059% | $31.3M | $44.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1940 | 0.000% | $22.8M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1947 | +0.059% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1940 | 0.000% | $95K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1964 | +0.198% | $544K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1928 | −0.102% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1930 | −0.084% | $232K | $422K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | 0.000% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1968 | +0.235% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1980 | +0.335% | $249K | $226K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1936 | −0.030% | $14K | $301K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0196% | 1h | 1.1947 | +0.059% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1962 | +0.184% | $2.2M | $796K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1941 | +0.004% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0591% | 8h | 1.1960 | +0.168% | $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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT