Funding you earn now, next payment 05:00 UTC−0.0698%/8h= −76.4% APRnext payment −$0.87 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against Reya−0.213%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Coinbase International is 0.213% cheaper against Reya than usual: you would sell low and buy high (−$21 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 | Reya DOTRUSDPERP | 1.1625 | −0.0166 | get 0.0021% / 1h | 28m 15s | $252 | — | — |
| Short | Coinbase International DOT-PERP-INTX | 1.1600 | −0.0864 | pay 0.0108% / 1h | 28m 15s | $169K | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Reya. 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
- −$146.52
- Price spread: −0.213% → 0.000%
- −$21.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$183.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, just now. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, just now | 4.30 bp | 9.3 bp −$9 | 17.0 bp −$170 | doesn't fit | doesn't fit |
Reya: 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 | −0.3783% | 1h | 1.1607 | −0.152% | $232K | $134K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0864% | 1h | 1.1600 | −0.213% | $169K | $1.9M | 50x | |
| Reya DOTRUSDPERPlong | −0.0166% | 1h | 1.1625 | long leg | $252 | — | — | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1640 | +0.132% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1598 | −0.232% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.400% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0093% | 1h | 1.1607 | −0.153% | $4.3M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1639 | +0.124% | $248K | $663K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1632 | +0.063% | $5.2M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1600 | −0.213% | $829K | $599K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1596 | −0.247% | $42.3M | $87.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1593 | −0.273% | $23.5M | $19.7M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1600 | −0.213% | $9.1M | $24.7M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1620 | −0.041% | $6.6M | $12.4M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1621 | −0.032% | $29.2M | $57.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1628 | +0.028% | $6.2M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1594 | −0.264% | $22.1M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1595 | −0.256% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1664 | +0.338% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1654 | +0.249% | $530K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1685 | +0.516% | $34K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | +0.303% | $223K | $419K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1600 | −0.213% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1617 | −0.066% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1592 | −0.282% | $259K | $270K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1590 | −0.299% | $2.3M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1596 | −0.245% | $15K | $245K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1679 | +0.467% | $2.1M | $890K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0294% / S −0.1012% | 1h | 1.1596 | −0.251% | $22K | — | 100x | as long as short |
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
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
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]