Funding you earn now, next payment 09:00 UTC+0.3010%/8h= +329.6% APRpaid last 24h +0.297%
Price spread now: Bitget against Deribit−0.094%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days+1.054%+$105 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.094%, 7d avg −0.068%
=Funding pays, the price is against you. Bitget is 0.026% cheaper against Deribit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.068%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$90 a day). At the pace of the last 7 days (+1.054% in total) that is about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.054% in total (about 54.9% 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 | Deribit DOT_USDC-PERPETUAL | 1.1671 | −0.2910 | get 0.0364% / 1h | 58m 15s | $249K | $162K | 50x |
| Short | Bitget DOTUSDT | 1.1660 | 0.0100 | get 0.0100% / 8h | 7h 58m | $22.4M | $14.5M | 75x |
Deribit DOT_USDC-PERPETUAL
Bitget DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $632.1
- Price spread: −0.094% → −0.068%
- −$2.63
- Slippage, 4 orders
- −$29.3
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $581.16
- Costs to cover
- 0.483%
- Break-even
- 0.6 days
Slippage from Deribit: live order book, 40 min ago; Bitget: live order book, just now.
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 Deribit live order book, 40 min ago | 6.89 bp | 12.1 bp −$12 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 4.29 bp | 10.3 bp −$10 | 17.9 bp −$179 | 55.4 bp −$5,537 | 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-PERPETUALlong | −0.2910% | 1h | 1.1671 | long leg | $249K | $162K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1668 | −0.027% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1681 | +0.086% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1667 | −0.033% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.990% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1670 | −0.009% | $170K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1656 | −0.129% | $244K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1653 | −0.156% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1663 | −0.064% | $841K | $608K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1659 | −0.101% | $42.4M | $89.2M | 75x | as long as short |
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1652 | −0.163% | $23.6M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1654 | −0.146% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1660 | −0.094% | $6.5M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1656 | −0.129% | $29.3M | $64.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1664 | −0.060% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDTshort | +0.0100% | 8h | 1.1660 | −0.094% | $22.4M | $14.5M | 75x | |
| BingX DOT-USDC | +0.0100% | 8h | 1.1655 | −0.137% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1658 | −0.111% | $86K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1655 | −0.138% | $530K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1646 | −0.212% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | −0.093% | $229K | $437K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | −0.009% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1671 | 0.000% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1681 | +0.086% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1670 | −0.009% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1656 | −0.128% | $16K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1642 | −0.248% | $1.9M | $900K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0244% | 1h | 1.1670 | −0.011% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1669 | −0.017% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
BingX DOT-USDC
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
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]