Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.076%
Price spread now: Coinbase International against Binance−0.116%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.116%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.136% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.1684 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $42.5M | $89.1M | 75x |
| Short | Coinbase International DOT-PERP-INTX | 1.1670 | 0.0072 | get 0.0009% / 1h | 57m 11s | $170K | $2.0M | 50x |
Binance DOTUSDT
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- −$5.88
- Price spread: −0.116% → +0.020%
- −$13.6
- Slippage, 4 orders
- −$32.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$71.71
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from Binance: live order book, just now; Coinbase International: live order book, 2 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 Binance live order book, just now | 0.43 bp | 10.9 bp −$11 | 17.5 bp −$175 | 59.2 bp −$5,922 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.28 bp | 16.9 bp −$17 | 21.7 bp −$217 | 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 | −0.2734% | 1h | 1.1694 | +0.090% | $250K | $163K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1673 | −0.089% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1663 | −0.173% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1684 | +0.005% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.880% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTXshort | +0.0072% | 1h | 1.1670 | −0.116% | $170K | $2.0M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1691 | +0.068% | $245K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1690 | +0.055% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1682 | −0.012% | $843K | $608K | 50x | as long as short |
| Binance DOTUSDTlong | +0.0100% | 8h | 1.1684 | long leg | $42.5M | $89.1M | 75x |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1688 | +0.038% | $23.7M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1689 | +0.047% | $9.0M | $25.6M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1690 | +0.055% | $6.6M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1685 | +0.013% | $29.4M | $64.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1689 | +0.047% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1686 | +0.021% | $22.4M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1688 | +0.038% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1693 | +0.081% | $86K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1655 | −0.245% | $530K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1651 | −0.276% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.290% | $229K | $437K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1690 | +0.055% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1697 | +0.115% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1656 | −0.236% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | +0.055% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1677 | −0.056% | $16K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1683 | −0.005% | $1.9M | $903K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0244% | 1h | 1.1696 | +0.104% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1684 | +0.005% | $20K | — | 100x | as long as short |
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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]