Funding you earn now, next payment 10:00 UTC−0.2066%/8h= −226.2% APRpaid last 24h −0.344%
Price spread now: Deribit against Orderly+0.077%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Deribit is 0.077% dearer against Orderly than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOT_USDC | 1.1700 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $8K | $19K | 10x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.1709 | −0.1966 | pay 0.0246% / 1h | 19m 21s | $255K | $167K | 50x |
Orderly PERP_DOT_USDC
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$433.86
- Price spread: +0.077% → 0.000%
- $7.69
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$439.17
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 32 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 Deribit live order book, 32 min ago | 8.13 bp | 11.6 bp −$12 | 21.1 bp −$211 | 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 exchanges
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-PERPETUALshort | −0.1966% | 1h | 1.1709 | +0.077% | $255K | $167K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0464% | 1h | 1.1700 | 0.000% | $170K | $1.8M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1700 | 0.000% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1707 | +0.062% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1703 | +0.028% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.735% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1698 | −0.017% | $247K | $660K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1704 | +0.034% | $5.5M | $4.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1710 | +0.084% | $844K | $450K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1699 | −0.009% | $42.9M | $81.8M | 75x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1694 | −0.051% | $23.8M | $19.0M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1699 | −0.009% | $9.0M | $23.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1700 | 0.000% | $6.6M | $10.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1699 | −0.009% | $28.1M | $67.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1700 | 0.000% | $6.1M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1700 | 0.000% | $22.6M | $13.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1701 | +0.009% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1705 | +0.043% | $86K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1698 | −0.016% | $533K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1710 | +0.082% | $34K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1703 | +0.024% | $232K | $399K | 10x | as long as short |
| Orderly PERP_DOT_USDClong | +0.0100% | 8h | 1.1700 | long leg | $8K | $19K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.1713 | +0.111% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1691 | −0.077% | $264K | $266K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1720 | +0.171% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1693 | −0.060% | $15K | $274K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0154% | 1h | 1.1708 | +0.067% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1710 | +0.085% | $1.9M | $835K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1703 | +0.030% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]