Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.49 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against KuCoin−0.008%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now −0.008%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.026% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.2098 | 0.0051 | pay 0.0051% / 8h | 31m 06s | $6.7M | $8.8M | 75x |
| Short | Bybit DOTUSDT | 1.2097 | 0.0100 | get 0.0100% / 8h | 31m 06s | $24.9M | $18.6M | 75x |
KuCoin DOTUSDTM
Bybit DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $10.29
- Price spread: −0.008% → −0.034%
- $2.61
- Slippage, 4 orders
- −$30.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.42
- Costs to cover
- 0.533%
- Break-even
- 34.5 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 3 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 KuCoin live order book, 2 min ago | 2.06 bp | 19.8 bp −$20 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.41 bp | 10.3 bp −$10 | 21.4 bp −$214 | 76.5 bp −$7,646 | 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 | −0.1318% | 1h | 1.2100 | +0.017% | $221K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2091 | −0.057% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2130 | +0.265% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2099 | +0.008% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2100 | +0.017% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0013% | 8h | 1.2096 | −0.017% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2109 | +0.091% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.645% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTMlong | +0.0051% | 8h | 1.2098 | long leg | $6.7M | $8.8M | 75x | |
| Lighter DOT | +0.0096% | 1h | 1.2101 | +0.025% | $247K | $605K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2107 | +0.074% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2110 | +0.100% | $882K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2095 | −0.025% | $44.8M | $82.7M | 75x | as long as short |
| Bybit DOTUSDTshort | +0.0100% | 8h | 1.2097 | −0.008% | $24.9M | $18.6M | 75x | |
| Gate DOT_USDT | +0.0100% | 8h | 1.2100 | +0.017% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2102 | +0.033% | $31.7M | $39.9M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2091 | −0.058% | $23.1M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2095 | −0.025% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2099 | +0.008% | $97K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2089 | −0.078% | $551K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2120 | +0.181% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2127 | +0.239% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2100 | +0.017% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2122 | +0.198% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2123 | +0.207% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2093 | −0.040% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2100 | +0.017% | $2.3M | $788K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2100 | +0.015% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0310% | 8h | 1.2110 | +0.099% | $2.3M | $2.1M | 50x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT