Funding you earn now, next payment 22:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h −0.029%
Price spread now: Kraken Futures against BingX+0.069%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2612.614% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)−0.242%−$24 · spread now +0.069%, 7d avg +0.055%
=The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% 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 | BingX DOT-USDC | 1.1853 | 0.0100 | pay 0.0100% / 8h | 2h 38m | — | $1.3M | — |
| Short | Kraken Futures PF_DOTUSD | 1.1861 | −0.0129 | pay 0.0016% / 1h | 38m 37s | $4.4M | $1.3M | 50x |
BingX DOT-USDC
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$48.12
- Price spread: +0.069% → +0.055%
- $1.41
- Slippage, 4 orders
- −$241.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$308.12
- Costs to cover
- 2.614%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Kraken Futures: live order book, 5 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 BingX live order book, 7 min ago | 2.54 bp | 131.2 bp −$131 | 602.7 bp −$6,027 | 1106.2 bp −$110.6K | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.64 bp | 16.2 bp −$16 | 30.0 bp −$300 | 289.9 bp −$29.0K | 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 | −0.1012% | 1h | 1.1867 | +0.118% | $217K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1853 | +0.004% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSDshort | −0.0129% | 1h | 1.1861 | +0.069% | $4.4M | $1.3M | 50x | |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.278% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1880 | +0.228% | $190K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1852 | −0.008% | $9.3M | $22.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1862 | +0.079% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1866 | +0.113% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0031% | 8h | 1.1856 | +0.025% | $6.7M | $8.6M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0093% | 1h | 1.1855 | +0.017% | $95K | $121K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0095% | 8h | 1.1854 | +0.008% | $32.3M | $34.2M | 300x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1854 | +0.009% | $259K | $563K | 10x | as long as short |
| Extended DOT-USD | +0.0096% | 1h | 1.1852 | −0.012% | $15K | $240K | 25x | as long as short |
| Binance DOTUSDT | +0.0098% | 8h | 1.1853 | −0.002% | $43.8M | $79.6M | 75x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1862 | +0.076% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1859 | +0.052% | $888K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1854 | +0.008% | $24.3M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1860 | +0.059% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1860 | +0.059% | $22.8M | $13.4M | 75x | as long as short |
| BingX DOT-USDClong | +0.0100% | 8h | 1.1853 | long leg | — | $1.3M | — | |
| Variational Omni DOT | +0.0100% | 8h | 1.1856 | +0.022% | $539K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1855 | +0.017% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1857 | +0.035% | $230K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | +0.059% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1870 | +0.143% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1875 | +0.186% | $246K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0216% | 8h | 1.1852 | −0.008% | $2.2M | $755K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1014% | 1h | 1.1865 | +0.099% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0382% | 8h | 1.1870 | +0.143% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Lighter DOT
Extended DOT-USD
Binance DOTUSDT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT