Funding you earn now, next payment 05:00 UTC+0.0964%/8h= +105.6% APRpaid last 24h +0.080%
Price spread now: Variational Omni against Coinbase International−0.337%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.337%, 7d avg −0.041%
=Together, before fees+0.677%+ Points / potential airdropVariational Omni: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.296% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of −0.041%). If the spread goes back, that is −$30 on $10k: about 25 hours of funding at the current rate (+$29 a day). At the pace of the last 4 days (+0.293% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.293% in total (about 30.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOT-PERP-INTX | 1.1730 | −0.0864 | get 0.0108% / 1h | 19m 59s | $170K | $2.0M | 50x |
| Short | Variational Omni DOT | 1.1690 | 0.0100 | get 0.0100% / 8h | 2h 19m | $532K | $51K | — |
Coinbase International DOT-PERP-INTX
Variational Omni DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $202.44
- Price spread: −0.337% → −0.041%
- −$29.63
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $162.81
- Costs to cover
- 0.100%
- Break-even
- 1.4 days
Slippage unknown: Coinbase International: live order book, 4 min ago; Variational Omni: RFQ quote, 29 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 Coinbase International live order book, 4 min ago | 8.58 bp | 13.6 bp −$14 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 29 min ago | 3.19 bp | doesn't fit | 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 | −0.2810% | 1h | 1.1729 | −0.009% | $236K | $136K | 50x | as long as short |
| Coinbase International DOT-PERP-INTXlong | −0.0864% | 1h | 1.1730 | long leg | $170K | $2.0M | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1713 | −0.146% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1717 | −0.111% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1721 | −0.078% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.472% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0092% | 1h | 1.1724 | −0.052% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1721 | −0.077% | $252K | $666K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1726 | −0.034% | $5.2M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1707 | −0.200% | $839K | $602K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1726 | −0.038% | $42.7M | $87.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1724 | −0.051% | $23.7M | $19.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1725 | −0.043% | $9.2M | $25.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1720 | −0.085% | $6.7M | $12.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1727 | −0.026% | $30.1M | $58.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1723 | −0.060% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1727 | −0.026% | $22.4M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1724 | −0.051% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1723 | −0.060% | $91K | $130K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1690 | −0.337% | $532K | $51K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1655 | −0.640% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.685% | $223K | $419K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1720 | −0.085% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1738 | +0.068% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1696 | −0.290% | $264K | $276K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1740 | +0.085% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1713 | −0.143% | $13K | $245K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1694 | −0.307% | $2.2M | $908K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1721 | −0.079% | $20K | — | 100x | as long as short |
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
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]