Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.091%
Price spread now: Gate against Coinbase International−0.171%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.171%, 7d avg −0.028%
=Funding pays, the price is against you. Gate is 0.143% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.028%). If the spread goes back, that is −$14 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.270% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1670 | 0.0072 | pay 0.0009% / 1h | 57m 50s | $170K | $2.0M | 50x |
| Short | Gate DOT_USDT | 1.1650 | 0.0100 | get 0.0100% / 8h | 7h 57m | $6.5M | $11.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $5.88
- Price spread: −0.171% → −0.028%
- −$14.34
- Slippage, 4 orders
- −$40.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.32
- Costs to cover
- 0.659%
- Break-even
- 95.5 days
Slippage from Coinbase International: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 4.28 bp | 17.4 bp −$17 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.29 bp | 16.4 bp −$16 | 37.2 bp −$372 | 71.1 bp −$7,111 | 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 | −0.2910% | 1h | 1.1671 | +0.009% | $249K | $162K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1668 | −0.018% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1681 | +0.094% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1667 | −0.024% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.999% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTXlong | +0.0072% | 1h | 1.1670 | long leg | $170K | $2.0M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1656 | −0.120% | $244K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1658 | −0.107% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1661 | −0.073% | $841K | $608K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1658 | −0.103% | $42.4M | $89.2M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1655 | −0.129% | $23.7M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1656 | −0.120% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDTshort | +0.0100% | 8h | 1.1650 | −0.171% | $6.5M | $11.8M | 75x | |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1658 | −0.103% | $29.3M | $64.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1656 | −0.120% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1660 | −0.086% | $22.4M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1655 | −0.129% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1658 | −0.103% | $86K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1655 | −0.129% | $530K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1646 | −0.204% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | −0.085% | $229K | $437K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | 0.000% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1671 | +0.009% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1681 | +0.094% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1670 | 0.000% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1652 | −0.152% | $16K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1642 | −0.240% | $1.9M | $900K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0244% | 1h | 1.1670 | −0.002% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1669 | −0.009% | $20K | — | 100x | as long as short |
Coinbase International DOT-PERP-INTX
Gate DOT_USDT
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]