Funding you earn now, next payment 05:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.027%
Price spread now: Kraken Futures against BloFin−0.055%57s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$500.496% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.055%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.065%). Swap the legs. The two prices were read 57 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 | BloFin DOT-USDT | 1.1835 | 0.0220 | pay 0.0220% / 8h | 3h 10m | $2.2M | $877K | 75x |
| Short | Kraken Futures PF_DOTUSD | 1.1828 | 0.0057 | get 0.0007% / 1h | 10m 05s | $4.4M | $1.4M | 50x |
BloFin DOT-USDT
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$34.13
- Price spread: −0.055% → +0.065%
- −$12.07
- Slippage, 4 orders
- −$27.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$95.82
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Kraken Futures: live order book, 4 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 BloFin live order book, 3 min ago | 2.11 bp | 10.8 bp −$11 | 17.8 bp −$178 | 42.1 bp −$4,207 | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 2.10 bp | 14.4 bp −$14 | 22.4 bp −$224 | 103.5 bp −$10.4K | 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 | −0.2700% | 1h | 1.1828 | −0.059% | $231K | $128K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1830 | −0.042% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1818 | −0.147% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1836 | +0.006% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1821 | −0.118% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.563% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0057% | 1h | 1.1828 | −0.055% | $4.4M | $1.4M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1825 | −0.089% | $260K | $641K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1825 | −0.084% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1837 | +0.015% | $844K | $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 DOTUSDT | +0.0100% | 8h | 1.1822 | −0.110% | $43.4M | $85.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1818 | −0.144% | $24.2M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1821 | −0.118% | $9.3M | $24.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1820 | −0.127% | $6.6M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1824 | −0.093% | $35.7M | $55.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1824 | −0.093% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1820 | −0.127% | $22.6M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1864 | +0.245% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1818 | −0.144% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1824 | −0.090% | $539K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1879 | +0.370% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1874 | +0.326% | $235K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1820 | −0.127% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1837 | +0.017% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1872 | +0.313% | $262K | $261K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1815 | −0.169% | $17K | $243K | 25x | as long as short |
| Phemex DOTUSDT | +0.0114% | 8h | 1.1840 | +0.042% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDTlong | +0.0220% | 8h | 1.1835 | long leg | $2.2M | $877K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1822 | −0.111% | $22K | — | 100x | as long as short |
Binance DOTUSDT
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
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]