Funding you earn now, next payment 19:00 UTC−0.0108%/8hpaid last 24h −0.081%
Price spread now: Coinbase International against Orderly−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.085% cheaper against Orderly than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOT_USDC | 1.1750 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $8K | $27K | 10x |
| Short | Coinbase International DOT-PERP-INTX | 1.1740 | −0.0008 | pay 0.0001% / 1h | 6m 58s | $184K | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Orderly. 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
- −$22.68
- Price spread: −0.085% → 0.000%
- −$8.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$47.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 4.26 bp | 17.6 bp −$18 | 23.5 bp −$235 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0516% | 1h | 1.1748 | −0.017% | $214K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1734 | −0.137% | $254 | — | — | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1736 | −0.119% | $9.1M | $23.2M | 50x | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0008% | 1h | 1.1740 | −0.085% | $184K | $2.1M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1741 | −0.074% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1742 | −0.066% | $3K | — | 150x | as long as short |
| Bitget DOTUSDT | +0.0042% | 8h | 1.1740 | −0.085% | $22.6M | $14.4M | 75x | as long as short |
| Injective DOT/USDC PERP | +0.0070% | 1h | 1.1720 | −0.255% | $320 | $71K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0082% | 1h | 1.1747 | −0.024% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1741 | −0.075% | $248K | $552K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1745 | −0.043% | $5.1M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1743 | −0.063% | $887K | $687K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1738 | −0.102% | $43.7M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1735 | −0.128% | $24.2M | $18.5M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1740 | −0.085% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1739 | −0.094% | $35.7M | $32.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1734 | −0.136% | $6.7M | $9.1M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1737 | −0.111% | — | $28.4M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1736 | −0.119% | $82K | $117K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1742 | −0.064% | $534K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1742 | −0.071% | $34K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1751 | +0.007% | $228K | $491K | 10x | as long as short |
| Orderly PERP_DOT_USDClong | +0.0100% | 8h | 1.1750 | long leg | $8K | $27K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.1752 | +0.017% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1737 | −0.111% | $245K | $216K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1734 | −0.137% | $15K | $240K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1739 | −0.094% | $2.3M | $925K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0299% / S −0.1014% | 1h | 1.1743 | −0.062% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0587% | 8h | 1.1760 | +0.085% | $2.1M | $2.1M | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
Bitget DOTUSDT
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT