Funding you earn now, next payment 08:00 UTC+0.4242%/8h= +464.5% APRpaid last 24h +0.282%
Price spread now: MEXC against Deribit+0.130%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs+$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.961%+$96 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.130%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$127 a day on $10k at the current rate, and MEXC is 0.187% dearer against Deribit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.057%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.961% in total (about 50.1% 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 | 1.1560 | −0.4142 | get 0.0518% / 1h | 19m 40s | $246K | $155K | 50x |
| Short | MEXC DOT_USDT | 1.1575 | 0.0100 | get 0.0100% / 8h | 19m 40s | $27.4M | $63.5M | 300x |
Deribit DOT_USDC-PERPETUAL
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $890.82
- Price spread: +0.130% → −0.057%
- $18.67
- Slippage, 4 orders
- −$20.71
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $881.78
- Costs to cover
- 0.277%
- Break-even
- 0.1 days
Slippage from Deribit: live order book, 19 min ago; MEXC: live order book, 4 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 Deribit live order book, 19 min ago | 6.89 bp | 12.1 bp −$12 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.43 bp | 0.9 bp −$1 | 7.4 bp −$74 | 40.8 bp −$4,083 | 63.0 bp −$31.5K |
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 | −0.4142% | 1h | 1.1560 | long leg | $246K | $155K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1547 | −0.111% | $250 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0104% | 1h | 1.1560 | 0.000% | $168K | $2.0M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1568 | +0.069% | $3K | — | 150x | as long as short |
| dYdX DOT-USD | +0.0001% | 1h | 1.1576 | +0.138% | $139K | $6K | 10x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.979% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1576 | +0.140% | $243K | $674K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1575 | +0.130% | $5.5M | $4.7M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1574 | +0.121% | $834K | $608K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1575 | +0.132% | $42.2M | $89.3M | 75x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
Injective DOT/USDC PERP
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 | 1.1570 | +0.087% | $23.4M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1573 | +0.112% | $8.9M | $25.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1570 | +0.087% | $6.5M | $13.1M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.1575 | +0.130% | $27.4M | $63.5M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1574 | +0.121% | $6.1M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1575 | +0.130% | $22.2M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1574 | +0.121% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1571 | +0.095% | $87K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1548 | −0.100% | $526K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1549 | −0.098% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1570 | +0.085% | $222K | $425K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1550 | −0.087% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1571 | +0.095% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1562 | +0.017% | $260K | $283K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1573 | +0.114% | $16K | $270K | 25x | as long as short |
| Phemex DOTUSDT | +0.0216% | 8h | 1.1570 | +0.087% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1558 | −0.017% | $1.9M | $900K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1567 | +0.059% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0341% | 1h | 1.1568 | +0.073% | $4.3M | $1.5M | 50x | 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
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD