Funding you earn now, next payment 12:00 UTC−0.0268%/8h= −29.4% APRpaid last 24h +0.006%
Price spread now: HTX against Kraken Futures−0.057%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.057%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.1680 | 0.0368 | pay 0.0046% / 1h | 10m 27s | $4.5M | $1.6M | 50x |
| Short | HTX DOT-USDT | 1.1673 | 0.0100 | get 0.0100% / 8h | 4h 10m | $264K | $245K | 75x |
Kraken Futures PF_DOTUSD
HTX DOT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$56.34
- Price spread: −0.057% → −0.053%
- −$0.4
- Slippage, 4 orders
- −$82.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$161.14
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; HTX: live order book, 29 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, 2 min ago | 2.57 bp | 14.8 bp −$15 | 26.7 bp −$267 | 164.6 bp −$16.5K | doesn't fit |
| Sell HTX live order book, 29 min ago | 8.13 bp | 14.6 bp −$15 | 189.1 bp −$1,891 | doesn't fit | doesn't fit |
DOT on 29 exchanges
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 | −0.1118% | 1h | 1.1679 | −0.006% | $258K | $168K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1666 | −0.119% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1675 | −0.043% | $141K | $2K | 10x | as long as short |
| Coinbase International DOT-PERP-INTX | 0.0000% | 1h | 1.1670 | −0.083% | $170K | $1.4M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1672 | −0.062% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.913% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1678 | −0.015% | $239K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1670 | −0.082% | $5.6M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1673 | −0.060% | $841K | $297K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1676 | −0.035% | $42.8M | $74.9M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1668 | −0.100% | $24.0M | $17.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1671 | −0.075% | $9.1M | $22.0M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1670 | −0.083% | $6.6M | $9.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1677 | −0.023% | $36.6M | $70.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1674 | −0.049% | $6.2M | $9.6M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1670 | −0.083% | $22.7M | $13.1M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1672 | −0.066% | — | $7.7M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1671 | −0.075% | $89K | $133K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1660 | −0.166% | $531K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1669 | −0.091% | $34K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1666 | −0.114% | $221K | $403K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1670 | −0.083% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1681 | +0.011% | $2K | $1.1M | 20x | as long as short |
| HTX DOT-USDTshort | +0.0100% | 8h | 1.1673 | −0.057% | $264K | $245K | 75x | |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | +0.088% | $2.4M | $2.1M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1672 | −0.064% | $13K | $262K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1671 | −0.075% | $1.9M | $777K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0296% / S −0.0987% | 1h | 1.1672 | −0.069% | $21K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSDlong | +0.0368% | 1h | 1.1680 | long leg | $4.5M | $1.6M | 50x |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
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
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]