Funding you earn now, next payment 04:00 UTC+0.2061%/8h= +225.7% APRnext payment +$2.58 per $10,000 · paid last 24h +0.143%
Price spread now: Kraken Futures against Deribit−0.026%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.863%+$86 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.026%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$62 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 0.863% in total (about 45.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 per $10,000. 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 | Deribit DOT_USDC-PERPETUAL | 1.1891 | −0.1848 | get 0.0231% / 1h | 27m 32s | $228K | $116K | 50x |
| Short | Kraken Futures PF_DOTUSD | 1.1888 | 0.0213 | get 0.0027% / 1h | 27m 32s | $4.4M | $1.5M | 50x |
Deribit DOT_USDC-PERPETUAL
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- $432.84
- Price spread: −0.026% → −0.011%
- −$1.42
- Slippage, 4 orders
- −$45.61
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $368.8
- Costs to cover
- 0.626%
- Break-even
- 1.0 days
Slippage from Deribit: live order book, 31 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 Deribit live order book, 31 min ago | 8.85 bp | 12.4 bp −$12 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.88 bp | 13.8 bp −$14 | 24.1 bp −$241 | 156.2 bp −$15.6K | 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-PERPETUALlong | −0.1848% | 1h | 1.1891 | long leg | $228K | $116K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1890 | −0.008% | $196K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1903 | +0.101% | $258 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1912 | +0.177% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1904 | +0.110% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.085% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0095% | 8h | 1.1900 | +0.076% | $9.5M | $24.5M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1915 | +0.202% | $269K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1907 | +0.135% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1901 | +0.084% | $859K | $580K | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
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 | 1.1906 | +0.126% | $43.8M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1905 | +0.118% | $24.4M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1900 | +0.076% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1908 | +0.143% | $27.4M | $52.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1905 | +0.118% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1898 | +0.059% | $22.7M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1912 | +0.177% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1883 | −0.067% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1868 | −0.190% | $540K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1863 | −0.234% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1867 | −0.199% | $236K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1890 | −0.008% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1903 | +0.101% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1905 | +0.118% | $259K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1907 | +0.131% | $17K | $304K | 25x | as long as short |
| Phemex DOTUSDT | +0.0149% | 8h | 1.1900 | +0.076% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0213% | 1h | 1.1888 | −0.026% | $4.4M | $1.5M | 50x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1919 | +0.235% | $2.2M | $900K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1903 | +0.105% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]