Funding you earn now, next payment 01:00 UTC−0.1088%/8h= −119.1% APRnext payment −$1.36 per $10,000 · paid last 24h −0.134%
Price spread now: Deribit against Extended+0.149%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.800%−$80 on $10k
+Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.149%, 7d avg +0.115%
=Together, before fees−0.934%+ Points / potential airdropExtended: Active · farm board−$93 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.034% dearer against Extended than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.115%): +$3 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.800% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOT-USD | 1.2122 | 0.0104 | pay 0.0013% / 1h | 10m 16s | $15K | $295K | 25x |
| Short | Deribit DOT_USDC-PERPETUAL | 1.2140 | −0.0984 | pay 0.0123% / 1h | 10m 16s | $222K | $116K | 50x |
Extended DOT-USD
Deribit DOT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$228.48
- Price spread: +0.149% → +0.115%
- $3.36
- Slippage, 4 orders
- −$26.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$264.01
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Extended: live order book, 62 min ago; Deribit: live order book, 63 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 Extended live order book, 62 min ago | 0.42 bp | 7.4 bp −$7 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 63 min ago | 5.39 bp | 14.7 bp −$15 | 25.1 bp −$251 | 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-PERPETUALshort | −0.0984% | 1h | 1.2140 | +0.149% | $222K | $116K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2135 | +0.109% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2150 | +0.231% | $209K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2158 | +0.296% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2142 | +0.165% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0025% | 8h | 1.2126 | +0.033% | $9.5M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.841% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0072% | 8h | 1.2148 | +0.215% | $6.6M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2128 | +0.052% | $246K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2143 | +0.173% | $5.5M | $3.4M | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2152 | +0.245% | $884K | $695K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2138 | +0.134% | $44.7M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2129 | +0.058% | $25.1M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2140 | +0.149% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2140 | +0.149% | $28.1M | $43.6M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2120 | −0.016% | $23.2M | $14.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2139 | +0.140% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2124 | +0.017% | $97K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2121 | −0.012% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2125 | +0.026% | $36K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2138 | +0.131% | $235K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2130 | +0.066% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2177 | +0.454% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2146 | +0.198% | $252K | $223K | 75x | as long as short |
| Extended DOT-USDlong | +0.0104% | 1h | 1.2122 | long leg | $15K | $295K | 25x | |
| Kraken Futures PF_DOTUSD | +0.0115% | 1h | 1.2135 | +0.110% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2128 | +0.050% | $2.2M | $798K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2142 | +0.162% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0458% | 8h | 1.2150 | +0.231% | $2.3M | $2.1M | 50x | as long as short |
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT