Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.046%
Price spread now: Coinbase International against dYdX+0.106%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2892.887% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.106%, 7d avg −0.003%
=The price spread pays, funding is against you. Coinbase International is 0.109% dearer against dYdX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.003%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.101% in total) that is about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1997 | 0 | get 0.0000% / 1h | 0m 54s | $144K | $6K | 10x |
| Short | Coinbase International DOT-PERP-INTX | 1.2010 | −0.0024 | pay 0.0003% / 1h | 0m 54s | $198K | $2.0M | 50x |
dYdX DOT-USD
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- −$5.04
- Price spread: +0.106% → −0.003%
- $10.88
- Slippage, 4 orders
- −$268.67
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$282.83
- Costs to cover
- 2.887%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 3 min ago; Coinbase International: live order book, 3 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 dYdX live order book, 3 min ago | 124.58 bp | 129.6 bp −$130 | 129.6 bp −$1,296 | 158.3 bp −$15.8K | 654.1 bp −$327.1K |
| Sell Coinbase International live order book, 3 min ago | 4.16 bp | 12.1 bp −$12 | 17.0 bp −$170 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2002 | +0.035% | $260 | — | — | as long as short |
| Deribit DOT_USDC-PERPETUAL | −0.0083% | 1h | 1.2012 | +0.123% | $219K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0024% | 1h | 1.2010 | +0.106% | $198K | $2.0M | 50x | |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1997 | long leg | $144K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2009 | +0.099% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.189% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0067% | 8h | 1.1997 | −0.002% | $9.4M | $24.2M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2010 | +0.108% | $271K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2004 | +0.056% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2013 | +0.130% | $869K | $705K | 50x | as long as short |
Reya DOTRUSDPERP
Deribit DOT_USDC-PERPETUAL
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 | 1.2000 | +0.023% | $44.3M | $84.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1999 | +0.014% | $24.6M | $18.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2000 | +0.023% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2003 | +0.048% | $27.3M | $48.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.2003 | +0.048% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2000 | +0.023% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1999 | +0.014% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2005 | +0.064% | $96K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2004 | +0.059% | $546K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2006 | +0.069% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2007 | +0.078% | $233K | $431K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2010 | +0.106% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2016 | +0.156% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2005 | +0.064% | $258K | $236K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1996 | −0.012% | $14K | $300K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2015 | +0.144% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2009 | +0.099% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0332% | 8h | 1.2020 | +0.189% | $2.3M | $2.2M | 50x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC 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
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT