Funding you earn now, next payment 01:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.167%
Price spread now: Bybit against Deribit−0.108%7-day average −0.102% · 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−$45as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days+0.835%+$84 on $10k
+Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.108%, 7d avg −0.102%
=The price spread sits at its 7-day average of −0.102%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.2042 | −0.0331 | get 0.0041% / 1h | 58m 11s | $220K | $116K | 50x |
| Short | Bybit DOTUSDT | 1.2029 | −0.0241 | pay 0.0241% / 8h | 7h 58m | $24.8M | $18.7M | 75x |
Deribit DOT_USDC-PERPETUAL
Bybit DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $19
- Price spread: −0.108% → −0.102%
- −$0.57
- Slippage, 4 orders
- −$26.45
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.01
- Costs to cover
- 0.444%
- Break-even
- 16.6 days
Slippage from Deribit: live order book, 15 min ago; Bybit: 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, 15 min ago | 5.39 bp | 9.7 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 0.42 bp | 10.2 bp −$10 | 23.6 bp −$236 | 74.2 bp −$7,425 | 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 | −0.0331% | 1h | 1.2042 | long leg | $220K | $116K | 50x | |
| Bybit DOTUSDTshort | −0.0241% | 8h | 1.2029 | −0.108% | $24.8M | $18.7M | 75x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2026 | −0.136% | $260 | — | — | as long as short |
| Backpack DOT_USDC_PERP | −0.0099% | 1h | 1.2037 | −0.042% | $96K | $131K | 10x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2040 | −0.017% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2038 | −0.030% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2044 | +0.016% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0011% | 8h | 1.2034 | −0.066% | $9.6M | $24.1M | 50x | as long as short |
| Gate DOT_USDT | +0.0026% | 8h | 1.2030 | −0.100% | $6.8M | $11.5M | 75x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.183% | $328 | $121K | 12x | as long as short |
Reya DOTRUSDPERP
Backpack DOT_USDC_PERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Gate DOT_USDT
Injective DOT/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DOTUSDTM | +0.0047% | 8h | 1.2033 | −0.075% | $6.6M | $9.0M | 75x | as long as short |
| Variational Omni DOT | +0.0094% | 8h | 1.2062 | +0.165% | $548K | $61K | — | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2038 | −0.037% | $246K | $595K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2038 | −0.033% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2045 | +0.027% | $877K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2032 | −0.082% | $44.4M | $83.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2034 | −0.066% | $34.1M | $41.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2031 | −0.091% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2034 | −0.066% | — | $28.6M | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2066 | +0.203% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2065 | +0.193% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2030 | −0.100% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2050 | +0.066% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2073 | +0.257% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2029 | −0.110% | $15K | $233K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0116% | 1h | 1.2045 | +0.029% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2045 | +0.025% | $2.2M | $785K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2043 | +0.012% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0391% | 8h | 1.2050 | +0.066% | $2.3M | $2.1M | 50x | as long as short |
KuCoin DOTUSDTM
Variational Omni DOT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
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