Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.061%
Price spread now: Injective against Coinbase International+2.037%7-day average +0.681% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)−1.949%−$195 · spread now +2.037%, 7d avg +0.681%
=The price spread pays, funding is against you. Injective is 1.356% dearer against Coinbase International than usual: you sell high and buy low (spread +2.037% now, against its 7-day average of +0.681%): +$136 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.251%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1780 | 0.0072 | pay 0.0009% / 1h | 12m 48s | $171K | $2.0M | 50x |
| Short | Injective DOT/USDC PERP | 1.2020 | 0.0033 | get 0.0004% / 1h | 12m 48s | $328 | $121K | 12x |
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$8.12
- Price spread: +2.037% → +0.681%
- $135.59
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $117.45
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 1 min ago; Injective: no order-book sample. 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 Coinbase International live order book, 1 min ago | 4.25 bp | 17.6 bp −$18 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.1531% | 1h | 1.1770 | −0.085% | $257K | $166K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1755 | −0.214% | $254 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1775 | −0.042% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1761 | −0.161% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERPshort | +0.0033% | 1h | 1.2020 | +2.037% | $328 | $121K | 12x | |
| Coinbase International DOT-PERP-INTXlong | +0.0072% | 1h | 1.1780 | long leg | $171K | $2.0M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1765 | −0.130% | $247K | $673K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1766 | −0.119% | $5.6M | $4.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1769 | −0.096% | $848K | $597K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1763 | −0.144% | $42.9M | $87.4M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1759 | −0.178% | $23.9M | $20.1M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1763 | −0.144% | $9.0M | $25.1M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1760 | −0.170% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1763 | −0.144% | $34.0M | $66.2M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1766 | −0.119% | $6.2M | $9.6M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1760 | −0.170% | $22.6M | $14.1M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1761 | −0.161% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1761 | −0.161% | $86K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1763 | −0.142% | $535K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1771 | −0.080% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1769 | −0.093% | $224K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1760 | −0.170% | $8K | $18K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1783 | +0.025% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1800 | +0.170% | $267K | $274K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1753 | −0.227% | $15K | $273K | 25x | as long as short |
| Phemex DOTUSDT | +0.0165% | 8h | 1.1770 | −0.085% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1767 | −0.110% | $1.9M | $899K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0242% | 1h | 1.1768 | −0.098% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1762 | −0.153% | $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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]