DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1078%/8h= +118.1% APRnext payment +$1.35 per $10,000 · paid last 24h +0.317%

Price spread now: GMX against Kraken Futures−0.072%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. GMX is 0.072% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$32 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DOTUSD	1.2100	−0.0053	get 0.0007% / 1h	21m 27s	$4.5M	$1.4M	50x
Short	GMX DOT/USD [WBTC.b-USDC]	1.2092	L +0.0304% / S −0.1025%	get 0.0128% / 1h	21m 27s	$23K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $226.43
Price spread: −0.072% → 0.000%: −$7.16
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $197.27
Costs to cover: 0.220%
Break-even: 0.9 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 2 min ago	3.72 bp	15.4 bp −$15	22.7 bp −$227	122.2 bp −$12.2K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	1.2066	−0.280%	$261	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0128%	1h	1.2090	−0.086%	$185K	$1.9M	50x	as long as short
Kraken Futures PF_DOTUSDlong	−0.0053%	1h	1.2100	long leg	$4.5M	$1.4M	50x
Injective DOT/USDC PERP	−0.0040%	1h	1.2020	−0.664%	$328	$121K	12x	as long as short
OKX DOT-USDT-SWAP	−0.0020%	8h	1.2072	−0.235%	$9.6M	$23.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.2090	−0.082%	$146K	$6K	10x	as long as short
Deribit DOT_USDC-PERPETUAL	0.0000%	1h	1.2099	−0.012%	$221K	$117K	50x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.2095	−0.045%	$5K	—	150x	as long as short
KuCoin DOTUSDTM	+0.0030%	8h	1.2083	−0.144%	$6.8M	$8.7M	75x	as long as short
Lighter DOT	+0.0096%	1h	1.2089	−0.093%	$247K	$602K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOT	+0.0100%	1h	1.2081	−0.160%	$5.3M	$3.3M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.2090	−0.084%	$899K	$674K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.2076	−0.201%	$44.4M	$81.4M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.2068	−0.268%	$24.8M	$18.2M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.2080	−0.169%	$6.9M	$11.6M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.2084	−0.136%	$28.3M	$37.5M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.2080	−0.169%	$23.2M	$14.3M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.2078	−0.185%	—	$28.5M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.2092	−0.069%	$97K	$129K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.2036	−0.532%	$548K	$63K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.2051	−0.408%	$35K	$332K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.2050	−0.417%	$233K	$456K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.2100	−0.003%	$8K	$24K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2104	+0.030%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.2077	−0.193%	$249K	$219K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.2075	−0.209%	$15K	$235K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.2081	−0.160%	$2.2M	$770K	75x	as long as short
Phemex DOTUSDT	+0.0299%	8h	1.2100	−0.003%	$2.2M	$2.1M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]short	L +0.0304% / S −0.1025%	1h	1.2092	−0.072%	$23K	—	100x