Funding you earn now, next payment 11:00 UTC+0.1900%/8h= +208.0% APRpaid last 24h +0.359%
Price spread now: HTX against Deribit+0.034%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
Funding, last 7 days+1.148%+$115 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.034%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and HTX is 0.099% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.148% in total (about 59.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.1683 | −0.1800 | get 0.0225% / 1h | 53m 53s | $255K | $162K | 50x |
| Short | HTX DOT-USDT | 1.1687 | 0.0100 | get 0.0100% / 8h | 5h 53m | $264K | $263K | 75x |
Deribit DOT_USDC-PERPETUAL
HTX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $399
- Price spread: +0.034% → −0.065%
- $9.92
- Slippage, 4 orders
- −$85.97
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $303.96
- Costs to cover
- 1.050%
- Break-even
- 1.7 days
Slippage from Deribit: live order book, 57 min ago; HTX: live order book, 56 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, 57 min ago | 8.13 bp | 11.6 bp −$12 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell HTX live order book, 56 min ago | 21.38 bp | 30.8 bp −$31 | 281.5 bp −$2,815 | doesn't fit | doesn't fit |
DOT on 29 exchanges
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 | −0.1800% | 1h | 1.1683 | long leg | $255K | $162K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0168% | 1h | 1.1690 | +0.060% | $170K | $1.7M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1666 | −0.148% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1678 | −0.039% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1676 | −0.060% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.885% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1675 | −0.066% | $246K | $616K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1677 | −0.051% | $5.5M | $3.9M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1680 | −0.026% | $841K | $446K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1678 | −0.047% | $42.8M | $80.2M | 75x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1673 | −0.086% | $23.9M | $18.7M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1673 | −0.086% | $9.0M | $22.9M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1680 | −0.026% | $6.6M | $9.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1680 | −0.026% | $29.9M | $67.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1682 | −0.009% | $6.0M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1670 | −0.111% | $22.6M | $13.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1682 | −0.009% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1676 | −0.060% | $86K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1681 | −0.021% | $532K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1690 | +0.056% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1690 | +0.059% | $224K | $389K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | −0.111% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1690 | +0.060% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDTshort | +0.0100% | 8h | 1.1687 | +0.034% | $264K | $263K | 75x | |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | +0.060% | $2.4M | $2.1M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1676 | −0.063% | $14K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1686 | +0.026% | $1.9M | $829K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0257% | 1h | 1.1680 | −0.025% | $4.3M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1675 | −0.070% | $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
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]