Funding you earn now, next payment 23:00 UTC−0.0357%/8h= −39.1% APRnext payment −$0.45 per $10,000 · paid last 24h −0.075%
Price spread now: Kraken Futures against GMX−0.050%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.050% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOT/USD [WBTC.b-USDC] | 1.2030 | L +0.0304% / S −0.1025% | pay 0.0038% / 1h | 37m 47s | $23K | — | 100x |
| Short | Kraken Futures PF_DOTUSD | 1.2024 | −0.0053 | pay 0.0007% / 1h | 37m 47s | $4.5M | $1.3M | 50x |
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GMX. 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
- −$74.95
- Price spread: −0.050% → 0.000%
- −$5.04
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$102
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 2.91 bp | 13.0 bp −$13 | 22.3 bp −$223 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.2023 | −0.060% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2020 | −0.086% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | −0.0053% | 1h | 1.2024 | −0.050% | $4.5M | $1.3M | 50x | |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.086% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0030% | 8h | 1.2004 | −0.219% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2025 | −0.044% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2031 | +0.006% | $220K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2028 | −0.021% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0022% | 8h | 1.2012 | −0.152% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0076% | 8h | 1.2009 | −0.177% | $26.8M | $36.6M | 300x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0079% | 8h | 1.2006 | −0.201% | $44.2M | $80.7M | 75x | as long as short |
| Extended DOT-USD | +0.0080% | 1h | 1.2005 | −0.214% | $15K | $235K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2014 | −0.138% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2014 | −0.136% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2013 | −0.147% | $892K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2005 | −0.211% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2010 | −0.169% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2010 | −0.169% | $23.1M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2012 | −0.152% | — | $28.4M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2014 | −0.136% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2008 | −0.185% | $547K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2011 | −0.163% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2010 | −0.169% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2020 | −0.086% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2039 | +0.072% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2015 | −0.127% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0196% | 8h | 1.2027 | −0.028% | $2.2M | $765K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]long | L +0.0304% / S −0.1025% | 1h | 1.2030 | long leg | $23K | — | 100x | |
| Phemex DOTUSDT | +0.0308% | 8h | 1.2020 | −0.086% | $2.2M | $2.1M | 50x | as long as short |
Binance DOTUSDT
Extended DOT-USD
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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
Phemex DOTUSDT