Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against Kraken Futures−0.672%63s7-day average +0.567% · 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 3 days (all we have)+0.655%+$65 · spread now −0.672%, 7d avg +0.567%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 1.239% cheaper against Kraken Futures than usual: you would sell low and buy high, −$124 on $10k if it goes back to its 7-day average of +0.567%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.2101 | 0.0032 | pay 0.0004% / 1h | 57m 33s | $4.5M | $1.4M | 50x |
| Short | Injective DOT/USDC PERP | 1.2020 | 0.0033 | get 0.0004% / 1h | 57m 33s | $328 | $121K | 12x |
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $0.35
- Price spread: −0.672% → +0.567%
- −$123.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$133.53
- Costs to cover
- 0.100%
- Break-even
- 2654.7 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; Injective: 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, 1 min ago | 2.89 bp | 14.7 bp −$15 | 25.7 bp −$257 | 137.6 bp −$13.8K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2091 | −0.083% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2090 | −0.094% | $209K | $1.9M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0009% | 8h | 1.2095 | −0.052% | $9.6M | $23.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2098 | −0.026% | $146K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2098 | −0.028% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2098 | −0.028% | $5K | — | 150x | as long as short |
| Kraken Futures PF_DOTUSDlong | +0.0032% | 1h | 1.2101 | long leg | $4.5M | $1.4M | 50x | |
| Injective DOT/USDC PERPshort | +0.0033% | 1h | 1.2020 | −0.672% | $328 | $121K | 12x | |
| Backpack DOT_USDC_PERP | +0.0039% | 1h | 1.2095 | −0.052% | $97K | $128K | 10x | as long as short |
| KuCoin DOTUSDTM | +0.0044% | 8h | 1.2095 | −0.052% | $6.8M | $8.7M | 75x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Backpack DOT_USDC_PERP
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.2097 | −0.038% | $247K | $601K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2105 | +0.030% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2097 | −0.035% | $882K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2095 | −0.056% | $44.7M | $81.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2088 | −0.110% | $24.8M | $18.4M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2100 | −0.011% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2100 | −0.011% | $30.0M | $38.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2095 | −0.052% | $23.3M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2097 | −0.036% | — | $28.6M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2068 | −0.277% | $550K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2090 | −0.097% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2078 | −0.192% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2090 | −0.094% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2106 | +0.039% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2086 | −0.127% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2093 | −0.072% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2098 | −0.028% | $2.3M | $789K | 75x | as long as short |
| Phemex DOTUSDT | +0.0299% | 8h | 1.2110 | +0.072% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2096 | −0.043% | $23K | — | 100x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]