Funding you earn now, next payment 01:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h −0.107%
Price spread now: Deribit against OKX+0.058%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.776%−$78 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.058%, 7d avg +0.083%
=Funding pays, the price is against you. Deribit is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.083%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.776%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.2001 | 0.0009 | pay 0.0009% / 8h | 7h 34m | $9.4M | $24.0M | 50x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.2008 | 0.0250 | get 0.0031% / 1h | 34m 04s | $219K | $116K | 50x |
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $50.71
- Price spread: +0.058% → +0.083%
- −$2.45
- Slippage, 4 orders
- −$28.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $2.56
- Costs to cover
- 0.457%
- Break-even
- 6.6 days
Slippage from OKX: live order book, 4 min ago; Deribit: live order book, 39 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 OKX live order book, 4 min ago | 0.42 bp | 10.7 bp −$11 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 39 min ago | 5.39 bp | 14.7 bp −$15 | 25.1 bp −$251 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1995 | −0.052% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1980 | −0.175% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1978 | −0.191% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2000 | −0.008% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAPlong | +0.0009% | 8h | 1.2001 | long leg | $9.4M | $24.0M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.158% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0056% | 8h | 1.1997 | −0.033% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2001 | 0.000% | $243K | $601K | 10x | as long as short |
| Variational Omni DOT | +0.0097% | 8h | 1.1962 | −0.328% | $544K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2005 | +0.033% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Variational Omni DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1998 | −0.026% | $872K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2008 | +0.058% | $44.2M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2003 | +0.017% | $24.8M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2000 | −0.008% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2003 | +0.017% | $36.4M | $42.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2004 | +0.025% | $23.0M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2003 | +0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2006 | +0.042% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1979 | −0.183% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1979 | −0.182% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | −0.092% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2018 | +0.142% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1965 | −0.300% | $247K | $213K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1994 | −0.056% | $14K | $320K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.2012 | +0.089% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1968 | −0.275% | $2.2M | $786K | 75x | as long as short |
| Deribit DOT_USDC-PERPETUALshort | +0.0250% | 1h | 1.2008 | +0.058% | $219K | $116K | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.2001 | −0.001% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0485% | 8h | 1.2010 | +0.075% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
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