Funding you earn now, next payment 23:00 UTC+0.0761%/8h= +83.3% APRnext payment +$0.95 per $10,000 · paid last 24h +0.091%
Price spread now: Coinbase International against Deribit−0.041%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days+0.610%+$61 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.041%, 7d avg −0.046%
=The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.2175 | −0.0817 | get 0.0102% / 1h | 49m 20s | $222K | $117K | 50x |
| Short | Coinbase International DOT-PERP-INTX | 1.2170 | −0.0056 | pay 0.0007% / 1h | 49m 20s | $209K | $1.8M | 50x |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $159.81
- Price spread: −0.041% → −0.046%
- $0.52
- Slippage, 4 orders
- −$44.16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $99.17
- Costs to cover
- 0.612%
- Break-even
- 2.7 days
Slippage from Deribit: live order book, 29 min ago; Coinbase International: live order book, 4 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 Deribit live order book, 29 min ago | 3.72 bp | 13.0 bp −$13 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 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-PERPETUALlong | −0.0817% | 1h | 1.2175 | long leg | $222K | $117K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2164 | −0.093% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTXshort | −0.0056% | 1h | 1.2170 | −0.041% | $209K | $1.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2167 | −0.063% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2173 | −0.017% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0002% | 8h | 1.2159 | −0.131% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0031% | 1h | 1.2173 | −0.020% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −1.273% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0047% | 8h | 1.2168 | −0.057% | $6.8M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2166 | −0.072% | $249K | $602K | 10x | as long as short |
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
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 | 1.2176 | +0.008% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2166 | −0.078% | $886K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2166 | −0.076% | $45.0M | $82.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2156 | −0.156% | $25.0M | $18.4M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2170 | −0.041% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2169 | −0.049% | $31.0M | $39.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2160 | −0.123% | $23.4M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2165 | −0.082% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2162 | −0.107% | $97K | $128K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2157 | −0.148% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2156 | −0.154% | $36K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2160 | −0.123% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2160 | −0.123% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2186 | +0.090% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2148 | −0.222% | $251K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2156 | −0.153% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2167 | −0.066% | $2.3M | $793K | 75x | as long as short |
| Phemex DOTUSDT | +0.0294% | 8h | 1.2180 | +0.041% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2172 | −0.028% | $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
Variational Omni DOT
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]