Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.003%
Price spread now: Kraken Futures against KuCoin−0.032%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.032%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.079% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1790 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $6.3M | $9.2M | 75x |
| Short | Kraken Futures PF_DOTUSD | 1.1786 | 0.0058 | get 0.0007% / 1h | 1m 41s | $4.4M | $1.4M | 50x |
KuCoin DOTUSDTM
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$8.88
- Price spread: −0.032% → +0.047%
- −$7.87
- Slippage, 4 orders
- −$47.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$85.94
- Costs to cover
- 0.692%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Kraken Futures: live order book, 2 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 | 2.97 bp | 21.7 bp −$22 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 3.81 bp | 14.3 bp −$14 | 26.2 bp −$262 | 93.7 bp −$9,374 | 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 | −0.2964% | 1h | 1.1785 | −0.042% | $234K | $132K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1770 | −0.170% | $194K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1773 | −0.143% | $255 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1789 | −0.012% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1780 | −0.083% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.951% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0058% | 1h | 1.1786 | −0.032% | $4.4M | $1.4M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1791 | +0.008% | $260K | $644K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1783 | −0.059% | $5.2M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1790 | 0.000% | $840K | $593K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1788 | −0.017% | $43.2M | $85.2M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1789 | −0.008% | $24.1M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1788 | −0.017% | $9.3M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1780 | −0.085% | $6.6M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1794 | +0.034% | $25.5M | $56.2M | 300x | as long as short |
| KuCoin DOTUSDTMlong | +0.0100% | 8h | 1.1790 | long leg | $6.3M | $9.2M | 75x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1776 | −0.119% | $22.5M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1879 | +0.755% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1776 | −0.119% | $91K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1810 | +0.173% | $537K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1810 | +0.173% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1813 | +0.199% | $234K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1770 | −0.170% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1799 | +0.076% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1789 | −0.008% | $261K | $262K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1775 | −0.124% | $15K | $238K | 25x | as long as short |
| Phemex DOTUSDT | +0.0110% | 8h | 1.1790 | 0.000% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1798 | +0.068% | $2.2M | $880K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1780 | −0.081% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
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
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]