Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.018%
Price spread now: Kraken Futures against Bitget+0.491%48s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.521%−$52 · spread now +0.491%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.436% dearer against Bitget than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOTUSDT | 1.1680 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $22.3M | $14.7M | 75x |
| Short | Kraken Futures PF_DOTUSD | 1.1737 | 0.0092 | get 0.0011% / 1h | 40m 25s | $4.4M | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$1.76
- Price spread: +0.491% → +0.055%
- $43.58
- Slippage, 4 orders
- −$25.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$5.46
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 4.26 bp | 10.3 bp −$10 | 20.7 bp −$207 | 45.0 bp −$4,503 | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.98 bp | 10.7 bp −$11 | 20.3 bp −$203 | 110.2 bp −$11.0K | 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 | −0.3146% | 1h | 1.1737 | +0.488% | $233K | $133K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1740 | +0.514% | $170K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1678 | −0.017% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1698 | +0.156% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1689 | +0.081% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.911% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0092% | 1h | 1.1737 | +0.491% | $4.4M | $1.4M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1708 | +0.241% | $250K | $662K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1684 | +0.034% | $5.2M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1691 | +0.095% | $833K | $597K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1686 | +0.051% | $42.8M | $85.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1686 | +0.051% | $23.7M | $19.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1690 | +0.086% | $9.1M | $24.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1680 | 0.000% | $6.5M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1685 | +0.043% | $27.4M | $57.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1684 | +0.034% | $6.2M | $9.2M | 75x | as long as short |
| Bitget DOTUSDTlong | +0.0100% | 8h | 1.1680 | long leg | $22.3M | $14.7M | 75x | |
| BingX DOT-USDT | +0.0100% | 8h | 1.1688 | +0.068% | — | $29.8M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1718 | +0.325% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1725 | +0.383% | $534K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1749 | +0.587% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1759 | +0.675% | $233K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1680 | 0.000% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1749 | +0.591% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1740 | +0.514% | $261K | $266K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1740 | +0.514% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1658 | −0.189% | $15K | $247K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1729 | +0.420% | $2.2M | $884K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1012% | 1h | 1.1684 | +0.035% | $22K | — | 100x | as long as short |
Bitget DOTUSDT
Kraken Futures PF_DOTUSD
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]