Funding you earn now, next payment 07:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.075%
Price spread now: Coinbase International against MEXC−0.130%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.130%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.145% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC DOT_USDT | 1.1575 | 0.0100 | pay 0.0100% / 8h | 19m 41s | $27.4M | $63.5M | 300x |
| Short | Coinbase International DOT-PERP-INTX | 1.1560 | −0.0104 | pay 0.0013% / 1h | 19m 41s | $168K | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- −$42.84
- Price spread: −0.130% → +0.015%
- −$14.48
- Slippage, 4 orders
- −$26.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$94.03
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Coinbase International: 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 MEXC live order book, 4 min ago | 0.43 bp | 1.1 bp −$1 | 16.1 bp −$161 | 41.0 bp −$4,099 | 81.2 bp −$40.6K |
| Sell Coinbase International live order book, 4 min ago | 8.66 bp | 13.7 bp −$14 | 17.5 bp −$175 | doesn't fit | 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-PERPETUAL | −0.4142% | 1h | 1.1560 | −0.130% | $246K | $155K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1547 | −0.241% | $250 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0104% | 1h | 1.1560 | −0.130% | $168K | $2.0M | 50x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1568 | −0.060% | $3K | — | 150x | as long as short |
| dYdX DOT-USD | +0.0001% | 1h | 1.1576 | +0.008% | $139K | $6K | 10x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.844% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1576 | +0.010% | $243K | $674K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1575 | 0.000% | $5.5M | $4.7M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1574 | −0.009% | $834K | $608K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1575 | +0.003% | $42.2M | $89.3M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1570 | −0.043% | $23.4M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1573 | −0.017% | $8.9M | $25.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1570 | −0.043% | $6.5M | $13.1M | 75x | as long as short |
| MEXC DOT_USDTlong | +0.0100% | 8h | 1.1575 | long leg | $27.4M | $63.5M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1574 | −0.009% | $6.1M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1575 | 0.000% | $22.2M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1574 | −0.009% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1571 | −0.035% | $87K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1548 | −0.229% | $526K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1549 | −0.227% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1570 | −0.045% | $222K | $425K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1550 | −0.216% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1571 | −0.035% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1562 | −0.112% | $260K | $283K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1573 | −0.016% | $16K | $270K | 25x | as long as short |
| Phemex DOTUSDT | +0.0216% | 8h | 1.1570 | −0.043% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1558 | −0.147% | $1.9M | $900K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1567 | −0.071% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0341% | 1h | 1.1568 | −0.056% | $4.3M | $1.5M | 50x | as long as short |
MEXC DOT_USDT
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
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
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD