Funding you earn now, next payment 05:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.004%
Price spread now: Kraken Futures against Binance+0.059%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.059%, 7d avg +0.053%
=The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.1979 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $44.1M | $85.0M | 75x |
| Short | Kraken Futures PF_DOTUSD | 1.1986 | 0.0057 | get 0.0007% / 1h | 31m 18s | $4.5M | $1.4M | 50x |
Binance DOTUSDT
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$9.09
- Price spread: +0.059% → +0.053%
- $0.57
- Slippage, 4 orders
- −$26.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$55.23
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Kraken Futures: live order book, 3 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 Binance live order book, 11 min ago | 0.42 bp | 9.0 bp −$9 | 16.1 bp −$161 | 53.1 bp −$5,310 | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.94 bp | 13.7 bp −$14 | 21.7 bp −$217 | 131.0 bp −$13.1K | 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 | −0.1831% | 1h | 1.1991 | +0.101% | $230K | $123K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1970 | −0.075% | $197K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1966 | −0.109% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1944 | −0.292% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1978 | −0.008% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.343% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0057% | 1h | 1.1986 | +0.059% | $4.5M | $1.4M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1945 | −0.284% | $262K | $636K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1973 | −0.050% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1965 | −0.119% | $853K | $593K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDTlong | +0.0100% | 8h | 1.1979 | long leg | $44.1M | $85.0M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1982 | +0.025% | $24.5M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1982 | +0.025% | $9.5M | $24.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.075% | $6.7M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1966 | −0.108% | $33.8M | $54.8M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1963 | −0.133% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1974 | −0.041% | $22.9M | $14.6M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1979 | 0.000% | — | $29.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1922 | −0.475% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1924 | −0.455% | $543K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1915 | −0.531% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1919 | −0.497% | $226K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | −0.075% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2000 | +0.176% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1918 | −0.509% | $263K | $261K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1979 | 0.000% | $17K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0113% | 8h | 1.2000 | +0.176% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1914 | −0.542% | $2.2M | $886K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1979 | −0.003% | $22K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]