Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.034%
Price spread now: Kraken Futures against Hyperliquid+0.046%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.046%, 7d avg +0.035%
=Together, before fees−0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1953 | 0.0100 | pay 0.0013% / 1h | 44m 18s | $5.4M | $3.5M | 10x |
| Short | Kraken Futures PF_DOTUSD | 1.1959 | 0.0117 | get 0.0015% / 1h | 44m 18s | $4.4M | $1.4M | 50x |
Hyperliquid DOT
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- $3.58
- Price spread: +0.046% → +0.035%
- $1.1
- Slippage, 4 orders
- −$28.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$42.85
- Costs to cover
- 0.475%
- Break-even
- 90.7 days
Slippage from Hyperliquid: live order book, 8 min ago; Kraken Futures: live order book, 5 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 Hyperliquid live order book, 8 min ago | 2.09 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.51 bp | 13.4 bp −$13 | 26.0 bp −$260 | 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 | 1.1946 | −0.061% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1960 | +0.059% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1965 | +0.102% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1956 | +0.025% | $218K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1954 | +0.007% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0016% | 8h | 1.1943 | −0.084% | $9.4M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.561% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0051% | 8h | 1.1951 | −0.017% | $6.6M | $9.0M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0088% | 1h | 1.1958 | +0.042% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0089% | 8h | 1.1941 | −0.103% | $544K | $61K | — | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Backpack DOT_USDC_PERP
Variational Omni DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1949 | −0.033% | $242K | $601K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1953 | long leg | $5.4M | $3.5M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1960 | +0.059% | $871K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1950 | −0.028% | $43.9M | $83.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1946 | −0.059% | $24.6M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1950 | −0.025% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1952 | −0.008% | $35.4M | $41.8M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1950 | −0.025% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1950 | −0.025% | — | $1.3M | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1962 | +0.075% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1961 | +0.069% | $231K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1950 | −0.025% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1970 | +0.142% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1951 | −0.017% | $247K | $216K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1942 | −0.094% | $18K | $276K | 25x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0117% | 1h | 1.1959 | +0.046% | $4.4M | $1.4M | 50x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1959 | +0.050% | $2.2M | $791K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1953 | 0.000% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0495% | 8h | 1.1970 | +0.142% | $2.3M | $2.1M | 50x | as long as short |
Lighter DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT