DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.047%

Price spread now: Kraken Futures against Coinbase International−0.011%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$590.592% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.203%+$20 on $10k

Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.011%, 7d avg +0.033%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.044% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.033%). If the spread goes back, that is −$4 on $10k: about 47 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DOT-PERP-INTX	1.1940	−0.0128	get 0.0016% / 1h	52m 24s	$184K	$1.8M	50x
Short	Kraken Futures PF_DOTUSD	1.1939	−0.0054	pay 0.0007% / 1h	52m 24s	$4.5M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −0.011%Rate

Funding earned: $15.6
Price spread: −0.011% → +0.033%: −$4.4
Slippage, 4 orders: −$39.21
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$48.01
Costs to cover: 0.592%
Break-even: 28.5 days

Slippage from Coinbase International: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Coinbase International live order book, 1 min ago	4.19 bp	17.5 bp −$17	23.2 bp −$232	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	5.02 bp	18.3 bp −$18	27.3 bp −$273	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-PERPETUAL	−0.0838%	1h	1.1940	0.000%	$218K	$117K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1933	−0.055%	$258	—	—	as long as short
Coinbase International DOT-PERP-INTXlong	−0.0128%	1h	1.1940	long leg	$184K	$1.8M	50x
Kraken Futures PF_DOTUSDshort	−0.0054%	1h	1.1939	−0.011%	$4.5M	$1.3M	50x
Injective DOT/USDC PERP	−0.0040%	1h	1.2020	+0.670%	$328	$121K	12x	as long as short
OKX DOT-USDT-SWAP	−0.0029%	8h	1.1920	−0.168%	$9.4M	$23.4M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.1930	−0.084%	$144K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1929	−0.088%	$5K	—	150x	as long as short
KuCoin DOTUSDTM	+0.0018%	8h	1.1941	+0.008%	$6.8M	$8.7M	75x	as long as short
Extended DOT-USD	+0.0056%	1h	1.1924	−0.137%	$15K	$235K	25x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DOT_USDT	+0.0057%	8h	1.1934	−0.050%	$36.2M	$35.8M	300x	as long as short
Binance DOTUSDT	+0.0057%	8h	1.1928	−0.104%	$43.9M	$80.7M	75x	as long as short
Lighter DOT	+0.0096%	1h	1.1931	−0.072%	$250K	$593K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1943	+0.025%	$5.3M	$3.2M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1939	−0.004%	$887K	$649K	50x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1919	−0.176%	$24.4M	$17.8M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1940	0.000%	$6.8M	$11.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1930	−0.084%	$22.8M	$14.0M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1932	−0.067%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1925	−0.126%	$99K	$127K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1951	+0.096%	$543K	$69K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1975	+0.291%	$35K	$332K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1970	+0.251%	$232K	$456K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1930	−0.084%	$8K	$24K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1949	+0.075%	$1K	$1.2M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1976	+0.302%	$247K	$219K	75x	as long as short
BloFin DOT-USDT	+0.0177%	8h	1.1935	−0.042%	$2.2M	$761K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0303% / S −0.1025%	1h	1.1932	−0.071%	$22K	—	100x	as long as short
Phemex DOTUSDT	+0.0345%	8h	1.1950	+0.084%	$2.2M	$2.1M	50x	as long as short