Funding you earn now, next payment 02:00 UTC−0.0928%/8h= −101.6% APRpaid last 24h −0.171%
Price spread now: Deribit against Bitget+0.033%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.899%−$90 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.033%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Deribit is 0.035% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOTUSDT | 1.2037 | 0.0100 | pay 0.0100% / 8h | 6h 28m | $23.0M | $14.8M | 75x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.2041 | −0.0828 | pay 0.0103% / 1h | 28m 05s | $220K | $116K | 50x |
Bitget DOTUSDT
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- −$194.88
- Price spread: +0.033% → +0.068%
- −$3.5
- Slippage, 4 orders
- −$26.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$243.78
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Deribit: live order book, 40 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 Bitget live order book, 1 min ago | 4.16 bp | 10.2 bp −$10 | 17.3 bp −$173 | 86.8 bp −$8,675 | doesn't fit |
| Sell Deribit live order book, 40 min ago | 4.53 bp | 12.1 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
DOT on 28 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-PERPETUALshort | −0.0828% | 1h | 1.2041 | +0.033% | $220K | $116K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2015 | −0.182% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2020 | −0.141% | $198K | $1.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1999 | −0.316% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2027 | −0.081% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.141% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0042% | 8h | 1.2031 | −0.050% | $9.5M | $24.4M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0080% | 8h | 1.2032 | −0.042% | $6.5M | $9.2M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2034 | −0.026% | $272K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2036 | −0.008% | $5.4M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2015 | −0.181% | $869K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2033 | −0.037% | $44.2M | $84.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2031 | −0.050% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2030 | −0.058% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2032 | −0.042% | $35.3M | $46.3M | 300x | as long as short |
| Bitget DOTUSDTlong | +0.0100% | 8h | 1.2037 | long leg | $23.0M | $14.8M | 75x | |
| BingX DOT-USDT | +0.0100% | 8h | 1.2033 | −0.033% | — | $30.0M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2038 | +0.008% | $96K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1979 | −0.485% | $546K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1983 | −0.450% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1944 | −0.771% | $229K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2030 | −0.058% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2052 | +0.125% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2024 | −0.108% | $250K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2031 | −0.051% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2039 | +0.015% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2023 | −0.120% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0468% | 8h | 1.2030 | −0.058% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT