Funding you earn now, next payment 23:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Kraken Futures against Injective−0.676%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+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 $0 a day on $10k at the current rate, and Kraken Futures is 0.676% cheaper against Injective than usual: you would sell low and buy high (−$68 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 | Injective DOT/USDC PERP | 1.2020 | −0.0040 | get 0.0005% / 1h | 53m 09s | $328 | $121K | 12x |
| Short | Kraken Futures PF_DOTUSD | 1.1939 | −0.0054 | pay 0.0007% / 1h | 53m 09s | $4.5M | $1.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$2.87
- Price spread: −0.676% → 0.000%
- −$67.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$80.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 5.02 bp | 18.3 bp −$18 | 27.3 bp −$273 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0838% | 1h | 1.1940 | −0.666% | $218K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1924 | −0.795% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1940 | −0.666% | $184K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | −0.0054% | 1h | 1.1939 | −0.676% | $4.5M | $1.3M | 50x | |
| Injective DOT/USDC PERPlong | −0.0040% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | −0.0029% | 8h | 1.1922 | −0.815% | $9.4M | $23.4M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1967 | −0.443% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1935 | −0.705% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0018% | 8h | 1.1928 | −0.765% | $6.8M | $8.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0054% | 8h | 1.1930 | −0.749% | $36.1M | $35.8M | 300x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DOT-USD | +0.0056% | 1h | 1.1925 | −0.793% | $15K | $235K | 25x | as long as short |
| Binance DOTUSDT | +0.0057% | 8h | 1.1926 | −0.782% | $43.9M | $80.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1931 | −0.740% | $250K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1933 | −0.725% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1940 | −0.666% | $887K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1921 | −0.824% | $24.4M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | −0.749% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1930 | −0.749% | $22.8M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1928 | −0.765% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1925 | −0.790% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1951 | −0.570% | $543K | $69K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1975 | −0.376% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1970 | −0.416% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1930 | −0.749% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1949 | −0.591% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1976 | −0.366% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0177% | 8h | 1.1935 | −0.707% | $2.2M | $761K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.1933 | −0.723% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0345% | 8h | 1.1950 | −0.582% | $2.2M | $2.1M | 50x | as long as short |
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDT
Extended DOT-USD
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