Funding you earn now, next payment 23:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.002%
Price spread now: Injective against KuCoin+0.233%7-day average +0.616% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.318%−$32 · spread now +0.233%, 7d avg +0.616%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.382% cheaper against KuCoin than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.616%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1992 | 0.0026 | pay 0.0026% / 8h | 1h 43m | $6.8M | $8.6M | 75x |
| Short | Injective DOT/USDC PERP | 1.2020 | −0.0040 | pay 0.0005% / 1h | 43m 10s | $328 | $121K | 12x |
KuCoin DOTUSDTM
Injective DOT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.87
- Price spread: +0.233% → +0.616%
- −$38.2
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$64.1
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 2.51 bp | 14.9 bp −$15 | 35.0 bp −$350 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0333% | 1h | 1.2000 | +0.067% | $219K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1994 | +0.017% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2000 | +0.067% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2001 | +0.077% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERPshort | −0.0040% | 1h | 1.2020 | +0.233% | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | −0.0031% | 8h | 1.2006 | +0.117% | $9.4M | $23.6M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2006 | +0.114% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1995 | +0.029% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTMlong | +0.0026% | 8h | 1.1992 | long leg | $6.8M | $8.6M | 75x | |
| MEXC DOT_USDT | +0.0069% | 8h | 1.1996 | +0.033% | $26.0M | $36.2M | 300x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
MEXC DOT_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0071% | 8h | 1.1997 | +0.041% | $44.1M | $80.6M | 75x | as long as short |
| Extended DOT-USD | +0.0072% | 1h | 1.1983 | −0.073% | $15K | $235K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1993 | +0.006% | $252K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2008 | +0.133% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1996 | +0.032% | $891K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1998 | +0.050% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2000 | +0.067% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1990 | −0.017% | $23.0M | $14.1M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1990 | −0.017% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1996 | +0.033% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1926 | −0.551% | $543K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1973 | −0.161% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1980 | −0.099% | $232K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | −0.017% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2006 | +0.117% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1980 | −0.100% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0191% | 8h | 1.1988 | −0.033% | $2.2M | $761K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1025% | 1h | 1.1995 | +0.024% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0316% | 8h | 1.2010 | +0.150% | $2.2M | $2.1M | 50x | as long as short |
Binance DOTUSDT
Extended DOT-USD
Lighter DOT
Hyperliquid DOT
Aster 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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT