Funding you earn now, next payment 09:00 UTC+0.0564%/8h= +61.8% APRpaid last 24h +0.080%
Price spread now: MEXC against Coinbase International−0.060%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.060%, 7d avg −0.014%
=Funding pays, the price is against you. MEXC is 0.046% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.267% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.267% in total (about 13.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1700 | −0.0464 | get 0.0058% / 1h | 0m 14s | $170K | $1.7M | 50x |
| Short | MEXC DOT_USDT | 1.1693 | 0.0100 | get 0.0100% / 8h | 6h 00m | $29.5M | $68.8M | 300x |
Coinbase International DOT-PERP-INTX
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $118.44
- Price spread: −0.060% → −0.014%
- −$4.57
- Slippage, 4 orders
- −$27.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $76.51
- Costs to cover
- 0.374%
- Break-even
- 2.5 days
Slippage from Coinbase International: live order book, 2 min ago; MEXC: 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 Coinbase International live order book, 2 min ago | 8.56 bp | 21.7 bp −$22 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.43 bp | 0.6 bp −$1 | 8.9 bp −$89 | 47.9 bp −$4,788 | 84.2 bp −$42.1K |
DOT on 29 exchanges
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 | −0.1626% | 1h | 1.1704 | +0.034% | $255K | $167K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0464% | 1h | 1.1700 | long leg | $170K | $1.7M | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1690 | −0.084% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1695 | −0.041% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1679 | −0.179% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.735% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1696 | −0.037% | $247K | $660K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1699 | −0.009% | $5.5M | $3.9M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1697 | −0.024% | $843K | $448K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1697 | −0.026% | $42.9M | $80.5M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1688 | −0.103% | $23.9M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1686 | −0.120% | $9.0M | $23.0M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1700 | 0.000% | $6.6M | $10.7M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.1693 | −0.060% | $29.5M | $68.8M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1699 | −0.009% | $6.0M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1691 | −0.077% | $22.7M | $13.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1694 | −0.051% | — | $9.4M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1686 | −0.120% | $86K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1669 | −0.267% | $531K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1705 | +0.042% | $34K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1677 | −0.200% | $223K | $400K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1690 | −0.085% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1713 | +0.111% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1699 | −0.009% | $264K | $263K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1710 | +0.085% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1689 | −0.097% | $14K | $276K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0154% | 1h | 1.1701 | +0.008% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1683 | −0.145% | $1.9M | $833K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1699 | −0.007% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]