Funding you earn now, next payment 23:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.014%
Price spread now: KuCoin against dYdX−0.004%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2702.697% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.004%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.022% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1996 | 0 | get 0.0000% / 1h | 35m 42s | $144K | $6K | 10x |
| Short | KuCoin DOTUSDTM | 1.1996 | 0.0021 | get 0.0021% / 8h | 1h 35m | $6.8M | $8.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against dYdX. 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
- $4.41
- Price spread: −0.004% → −0.025%
- $2.15
- Slippage, 4 orders
- −$247.67
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$263.11
- Costs to cover
- 2.697%
- Break-even
- 424.6 days
Slippage from dYdX: live order book, 48 min ago; KuCoin: live order book, 2 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 dYdX live order book, 48 min ago | 100.25 bp | 129.2 bp −$129 | 152.8 bp −$1,528 | 168.1 bp −$16.8K | 221.0 bp −$110.5K |
| Sell KuCoin live order book, 2 min ago | 2.08 bp | 16.8 bp −$17 | 42.4 bp −$424 | 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 | 1.1988 | −0.066% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1990 | −0.054% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2001 | +0.040% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.196% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0027% | 8h | 1.1997 | +0.005% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1996 | long leg | $144K | $6K | 10x | |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2004 | +0.063% | $219K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2000 | +0.030% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTMshort | +0.0021% | 8h | 1.1996 | −0.004% | $6.8M | $8.6M | 75x | |
| Extended DOT-USD | +0.0080% | 1h | 1.1986 | −0.083% | $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 | +0.0083% | 8h | 1.1996 | −0.004% | $26.9M | $36.7M | 300x | as long as short |
| Binance DOTUSDT | +0.0083% | 8h | 1.1998 | +0.013% | $44.1M | $80.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2001 | +0.034% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2005 | +0.071% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2004 | +0.059% | $891K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1993 | −0.029% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1990 | −0.054% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1990 | −0.054% | $23.0M | $14.2M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1991 | −0.045% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1988 | −0.070% | $99K | $125K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2008 | +0.097% | $547K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2031 | +0.289% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2030 | +0.280% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2000 | +0.030% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1999 | +0.021% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2015 | +0.155% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0202% | 8h | 1.2009 | +0.105% | $2.2M | $764K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.2001 | +0.036% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0317% | 8h | 1.2000 | +0.030% | $2.2M | $2.1M | 50x | as long as short |
KuCoin DOTUSDTM
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Extended DOT-USD
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT