Funding you earn now, next payment 23:00 UTC+0.0154%/8h= +16.8% APRpaid last 24h +0.028%
Price spread now: Gate against Kraken Futures+0.009%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.009%, 7d avg −0.059%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.068% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.1989 | −0.0054 | get 0.0007% / 1h | 54m 50s | $4.5M | $1.3M | 50x |
| Short | Gate DOT_USDT | 1.1990 | 0.0100 | get 0.0100% / 8h | 1h 54m | $6.8M | $11.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. 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
- $32.24
- Price spread: +0.009% → −0.059%
- $6.78
- Slippage, 4 orders
- −$42.84
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$28.82
- Costs to cover
- 0.678%
- Break-even
- 13.3 days
Slippage from Kraken Futures: live order book, 4 min ago; Gate: live order book, 4 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 Kraken Futures live order book, 4 min ago | 4.20 bp | 16.2 bp −$16 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.21 bp | 19.3 bp −$19 | 34.2 bp −$342 | 69.7 bp −$6,973 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0500% | 1h | 1.1997 | +0.067% | $219K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1980 | −0.077% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1940 | −0.408% | $184K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSDlong | −0.0054% | 1h | 1.1989 | long leg | $4.5M | $1.3M | 50x | |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.259% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0024% | 8h | 1.1981 | −0.066% | $9.4M | $23.5M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1987 | −0.016% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1987 | −0.015% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0018% | 8h | 1.1986 | −0.025% | $6.8M | $8.7M | 75x | as long as short |
| Extended DOT-USD | +0.0048% | 1h | 1.1979 | −0.079% | $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 | +0.0050% | 8h | 1.1986 | −0.025% | $36.2M | $35.7M | 300x | as long as short |
| Binance DOTUSDT | +0.0055% | 8h | 1.1985 | −0.033% | $44.1M | $80.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1988 | −0.005% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1993 | +0.034% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1979 | −0.082% | $890K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1982 | −0.058% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDTshort | +0.0100% | 8h | 1.1990 | +0.009% | $6.8M | $11.3M | 75x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1990 | +0.009% | $22.9M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1984 | −0.041% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1988 | −0.008% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1951 | −0.312% | $543K | $69K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1893 | −0.797% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1911 | −0.649% | $231K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | −0.075% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2003 | +0.117% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1963 | −0.216% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0172% | 8h | 1.1980 | −0.075% | $2.2M | $766K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1990 | +0.006% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0349% | 8h | 1.2000 | +0.092% | $2.2M | $2.1M | 50x | as long as short |
Kraken Futures PF_DOTUSD
Gate DOT_USDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Extended DOT-USD
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
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