Funding you earn now, next payment 23:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.064%
Price spread now: Coinbase International against Variational Omni+0.025%7-day average +0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.254%−$25 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.025%, 7d avg +0.045%
=Together, before fees−0.326%+ Points / potential airdropVariational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.020% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DOT | 1.2157 | 0.0100 | pay 0.0100% / 8h | 50m 25s | $552K | $61K | — |
| Short | Coinbase International DOT-PERP-INTX | 1.2160 | −0.0056 | pay 0.0007% / 1h | 50m 25s | $209K | $1.8M | 50x |
Variational Omni DOT
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$32.76
- Price spread: +0.025% → +0.045%
- −$2.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$44.77
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Coinbase International: live order book, 3 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 Variational Omni RFQ quote, 29 min ago | 3.15 bp | doesn't fit | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 8.22 bp | 13.2 bp −$13 | 18.1 bp −$181 | 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 | −0.0489% | 1h | 1.2172 | +0.124% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2156 | −0.005% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0056% | 1h | 1.2160 | +0.025% | $209K | $1.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2168 | +0.094% | $147K | $6K | 10x | as long as short |
| OKX DOT-USDT-SWAP | 0.0000% | 8h | 1.2157 | 0.000% | $9.6M | $24.2M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2164 | +0.058% | $5K | — | 150x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0031% | 1h | 1.2171 | +0.117% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −1.127% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0046% | 8h | 1.2166 | +0.074% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2162 | +0.041% | $248K | $602K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2169 | +0.099% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2167 | +0.080% | $886K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2162 | +0.044% | $44.9M | $82.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2154 | −0.025% | $25.0M | $18.5M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2160 | +0.025% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2161 | +0.033% | $30.9M | $38.9M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2156 | −0.008% | $23.4M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2160 | +0.025% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2162 | +0.041% | $97K | $128K | 10x | as long as short |
| Variational Omni DOTlong | +0.0100% | 8h | 1.2157 | long leg | $552K | $61K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2110 | −0.383% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2114 | −0.355% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2170 | +0.107% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2179 | +0.181% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2157 | 0.000% | $251K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2154 | −0.026% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2164 | +0.058% | $2.3M | $793K | 75x | as long as short |
| Phemex DOTUSDT | +0.0289% | 8h | 1.2180 | +0.189% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2161 | +0.036% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]