Funding you earn now, next payment 23:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.005%
Price spread now: MEXC against Kraken Futures−0.177%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.206%+$21 · spread now −0.177%, 7d avg −0.049%
=Funding pays, the price is against you. MEXC is 0.128% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.049%). If the spread goes back, that is −$13 on $10k: about 2.8 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.2088 | −0.0053 | get 0.0007% / 1h | 9m 31s | $4.5M | $1.4M | 50x |
| Short | MEXC DOT_USDT | 1.2067 | 0.0100 | get 0.0100% / 8h | 1h 09m | $29.2M | $38.1M | 300x |
Kraken Futures PF_DOTUSD
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $32.14
- Price spread: −0.177% → −0.049%
- −$12.85
- Slippage, 4 orders
- −$18.21
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$8.92
- Costs to cover
- 0.282%
- Break-even
- 8.9 days
Slippage from Kraken Futures: live order book, 4 min ago; MEXC: 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 | 2.07 bp | 15.5 bp −$15 | 26.6 bp −$266 | 137.6 bp −$13.8K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.41 bp | 0.6 bp −$1 | 6.5 bp −$65 | 39.4 bp −$3,939 | 76.9 bp −$38.4K |
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 | 1.2064 | −0.205% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2090 | +0.013% | $209K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSDlong | −0.0053% | 1h | 1.2088 | long leg | $4.5M | $1.4M | 50x | |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.566% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0011% | 8h | 1.2066 | −0.185% | $9.5M | $23.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2076 | −0.105% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2089 | +0.005% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2086 | −0.022% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0040% | 8h | 1.2067 | −0.177% | $6.8M | $8.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2072 | −0.139% | $246K | $602K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2087 | −0.009% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2072 | −0.139% | $876K | $687K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2070 | −0.153% | $44.6M | $81.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2063 | −0.210% | $24.8M | $18.3M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2070 | −0.152% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.2067 | −0.177% | $29.2M | $38.1M | 300x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2070 | −0.152% | $23.1M | $14.6M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2065 | −0.194% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2069 | −0.161% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2079 | −0.079% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2084 | −0.034% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2056 | −0.264% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | −0.070% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2091 | +0.021% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2092 | +0.030% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2062 | −0.220% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2082 | −0.053% | $2.3M | $780K | 75x | as long as short |
| Phemex DOTUSDT | +0.0301% | 8h | 1.2100 | +0.096% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2083 | −0.042% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
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
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]