Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.134%
Price spread now: KuCoin against Deribit+0.008%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs+$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.853%+$85 on $10k
+Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.008%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.066% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.1990 | 0 | get 0.0000% / 1h | 40m 39s | $219K | $116K | 50x |
| Short | KuCoin DOTUSDTM | 1.1991 | 0.0052 | get 0.0052% / 8h | 7h 40m | $6.6M | $9.0M | 75x |
Deribit DOT_USDC-PERPETUAL
KuCoin DOTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.92
- Price spread: +0.008% → −0.058%
- $6.61
- Slippage, 4 orders
- −$39.91
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.37
- Costs to cover
- 0.589%
- Break-even
- 33.5 days
Slippage from Deribit: live order book, 33 min ago; KuCoin: live order book, 8 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, 33 min ago | 5.39 bp | 9.7 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 3.76 bp | 17.4 bp −$17 | 39.4 bp −$394 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1972 | −0.147% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1990 | 0.000% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1981 | −0.074% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUALlong | 0.0000% | 1h | 1.1990 | long leg | $219K | $116K | 50x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1979 | −0.092% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0016% | 8h | 1.1985 | −0.042% | $9.4M | $24.0M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.250% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTMshort | +0.0052% | 8h | 1.1991 | +0.008% | $6.6M | $9.0M | 75x | |
| Variational Omni DOT | +0.0095% | 8h | 1.1970 | −0.170% | $546K | $61K | — | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1982 | −0.068% | $243K | $601K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
Variational Omni DOT
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1978 | −0.100% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1984 | −0.049% | $873K | $693K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1982 | −0.067% | $44.1M | $83.4M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1984 | −0.050% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1980 | −0.083% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1980 | −0.083% | $36.0M | $42.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1980 | −0.083% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1986 | −0.033% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1987 | −0.025% | $96K | $129K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1969 | −0.177% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1975 | −0.122% | $232K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | −0.167% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2006 | +0.133% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1975 | −0.125% | $247K | $217K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1971 | −0.154% | $19K | $291K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1997 | +0.056% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1980 | −0.083% | $2.2M | $791K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1980 | −0.086% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0549% | 8h | 1.2000 | +0.083% | $2.3M | $2.1M | 50x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT