Funding you earn now, next payment 02:00 UTC+0.0476%/8h= +52.1% APRpaid last 24h +0.086%
Price spread now: HTX against Coinbase International+0.201%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days+0.322%+$32 on $10k
+Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.201%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and HTX is 0.239% dearer against Coinbase International than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.322% in total (about 16.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1970 | −0.0376 | get 0.0047% / 1h | 53m 19s | $197K | $2.0M | 50x |
| Short | HTX DOT-USDT | 1.1994 | 0.0100 | get 0.0100% / 8h | 5h 53m | $261K | $241K | 75x |
Coinbase International DOT-PERP-INTX
HTX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $99.96
- Price spread: +0.201% → −0.038%
- $23.85
- Slippage, 4 orders
- −$64.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $37.41
- Costs to cover
- 0.864%
- Break-even
- 4.4 days
Slippage from Coinbase International: live order book, 5 min ago; HTX: live order book, 8 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, 5 min ago | 4.18 bp | 25.3 bp −$25 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell HTX live order book, 8 min ago | 18.31 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
DOT on 28 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 | −0.1833% | 1h | 1.1976 | +0.050% | $219K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0376% | 1h | 1.1970 | long leg | $197K | $2.0M | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1950 | −0.168% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1958 | −0.102% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1970 | +0.001% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.418% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0072% | 8h | 1.1970 | 0.000% | $9.3M | $24.2M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1959 | −0.096% | $270K | $629K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1958 | −0.100% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1961 | −0.079% | $865K | $705K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1970 | 0.000% | $44.2M | $84.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1971 | +0.008% | $24.6M | $18.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1960 | −0.084% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1954 | −0.134% | $28.2M | $47.6M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1952 | −0.150% | $6.5M | $9.1M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1965 | −0.042% | $22.8M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1969 | −0.008% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1954 | −0.134% | $93K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2016 | +0.380% | $544K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1962 | −0.070% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1930 | −0.334% | $232K | $431K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | 0.000% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1970 | 0.000% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDTshort | +0.0100% | 8h | 1.1994 | +0.201% | $261K | $241K | 75x | |
| Extended DOT-USD | +0.0104% | 1h | 1.1947 | −0.191% | $17K | $303K | 25x | as long as short |
| Phemex DOTUSDT | +0.0300% | 8h | 1.1970 | 0.000% | $2.3M | $2.2M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1968 | −0.013% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0409% | 1h | 1.1974 | +0.033% | $4.5M | $1.5M | 50x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD